The pay-back period refers to:
A. The number of years a project takes to recover its investment (original) cost
B. The number of instalment to make payment
C. The time-lag between investment and commissioning of the project
D. The time required to attain break-even point
Answer: Option A
Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these

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