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

Question

Quizplus · Accepted Answer

Both statements A and B are false. A project should be rejected if the payback period is greater than the maximum acceptable payback period, and accepted if it is less.

Which of the Following Statements Is False