MCQs>Finance & Management>Management Accounting>True or False: Payback period in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment.
Management Accounting MCQs
True or False: Payback period in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment.
Answer
Correct Answer: True
Explanation:
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