Managers generally use payback as the sole method for deciding whether to invest in an asset.

Name: Managers generally use payback as the sole method for deciding whether to invest in an asset.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

While payback is a commonly used method for analyzing potential investments, it is not typically the sole method used by managers. Other methods, such as net present value (NPV) and internal rate of return (IRR), are often used in conjunction with payback to make informed investment decisions.

Managers Generally Use Payback as the Sole Method for Deciding