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Complete the capital budgeting rules

Exercise and reference answers

Missing parts
  1. Answer
    payback
    Choices
    1. payback
    2. present
    3. internal
  2. Answer
    time
    Choices
    1. time
    2. book
    3. face
  3. Answer
    NPV
    Choices
    1. NPV
    2. ARR
    3. GAAP
Complete the statement
The {0} method measures time to recoup an outlay, it ignores the {1} value of money, and {2} discounts future cash flows instead.
Instructions
Tap a word for each blank to complete the sentence.

Explanation

_Source: OpenStax Principles of Accounting, Volume 2: Managerial Accounting (CC BY-NC-SA 4.0), Ch 11 'Capital Budgeting Decisions'_
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