Q
Payback period____________________?
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A
A. And economic life of a project are the same
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B
B. Is the length of time over which the earnings on a project equals the investment
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C
C. Is affected by the variation in earnings after the recovery of the investment
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D
D. All a, b. and c
Correct Answer:
B. B. Is the length of time over which the earnings on a project equals the investment