The advantages of the payback method of project analysis include the bias towards arbitrary cutoff point.

Name: The advantages of the payback method of project analysis include the bias towards arbitrary cutoff point.
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The payback method's main advantages are its simplicity and focus on liquidity, not a bias towards arbitrary cutoff points, which is actually considered a disadvantage due to its lack of consideration for the time value of money and cash flows beyond the cutoff point.

The Advantages of the Payback Method of Project Analysis Include