Which of the following statements is false?
A. If the payback period is less than the maximum acceptable payback period, accept the project.
B. If the payback period is greater than the maximum acceptable payback period, reject the project.
C. If the payback period is less than the maximum acceptable payback period, reject the project
D. Two of the above.
Answer:C
Which of the following statements is false?
A. If the payback period is less than the maximum acceptable payback period, accept the project. B. If the payback period is greater than the maximum acceptable payback period, reject the project. C. If the payback period is less than the maximum acceptable payback period, reject the project D. Two of the above.