What is the payback period? - Practice (English) | ObjectiveMcq

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What is the payback period? - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementManagement AccountingWhat is the payback period?...

Management Accounting Business ManagementEasy

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What is the payback period?

Correct Answer:

(A) The length of time it takes for an investment to generate enough cash flow to recover its initial cost

Explanation:

The length of time it takes for an investment to generate enough cash flow to recover its initial cost

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