Answered

IDNLearn.com provides a user-friendly platform for finding and sharing accurate answers. Join our interactive community and access reliable, detailed answers from experienced professionals across a variety of topics.

The Payback Period Rule states that a company will accept a project if: Multiple Choice The calculated payback is less than three years for all projects. The calculated payback is less than a pre-specified number of years. We can recover the costs in a reasonable amount of time. The project stays within budget. The project increases shareholder value

Sagot :

Lanuelidn

Answer:

The calculated payback is less than a pre-specified number of years.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

The Payback Period Rule states that a company will accept a project if the calculated payback is less than a pre-specified number of years.

Additionally, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.