The payback period technique measures how long it will take to recover the initial cash outlay of an investment.

Name: The payback period technique measures how long it will take to recover the initial cash outlay of an investment.
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The statement is true. The payback period is a financial metric used to determine the amount of time it will take for an investment to generate enough cash flows to recover the initial investment cost.

The Payback Period Technique Measures How Long It Will Take