MCQOPTIONS
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| 1. |
Payback period |
| A. | And economic life of a project are the same |
| B. | Is the length of time over which the earnings on a project equals the investment |
| C. | Is affected by the variation in earnings after the recovery of the investment |
| D. | All (A), (B) and (C) |
| Answer» C. Is affected by the variation in earnings after the recovery of the investment | |