Which of the following is not a disadvantage of the payback period method?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aThe period set is arbitrary.bIt is easy to understand.

Payback period is the no. of years required to recover the initial amount invested.

Answered: The period set is arbitrary. It to…

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The period set is arbitrary. It to understand

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter16: Auditing It Controls Part Iii: Systems Development, Program Changes, And Application Auditing

Section: Chapter Questions

Problem 4DQ: What are rounding error routines, and why are they used?

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Which of the following is not a disadvantage of the payback period method?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
The period set is arbitrary.
b
It is easy to understand.

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