Advantages of the payback method(回收期的優(yōu)點(diǎn))是什么_2020年ACCA考試FM知識點(diǎn)
知之為知之,不知為不知,是知也。備考ACCA考試,我們一定要熟練掌握各章節(jié)知識點(diǎn),踏實(shí)備考。今天東奧小編為大家整理了ACCA考試F9科目相關(guān)考點(diǎn),一起來看一下吧。
【內(nèi)容導(dǎo)航】
Advantages of the payback method(回收期的優(yōu)點(diǎn))
【知識點(diǎn)】
Advantages of the payback method(回收期的優(yōu)點(diǎn))
Advantages of the payback method(回收期的優(yōu)點(diǎn))
? It is simple to calculate and simple to understand. This may be important when management resources are limited. It is similarly helpful in communicating.
? It uses cash flows rather than accounting profits.
? It can be used as a screening device as a first stage in eliminating obviously inappropriate projects prior to more detailed evaluation.
? The fact that it tends to bias in favour of short-term projects means that it tends to minimise both financial and business risk.
? It can be used when there is a capital rationing situation to identify those projects which generate additional cash for investment quickly.
Disadvantages of the payback method
? It ignores the timing of cash flows within the payback period.
? It ignores the cash flows after the end of payback period and therefore the total project return.
? It ignores the time value of money
? Payback is unable to distinguish between projects with the same payback period.
? The choice of any cut-off payback period by an organisation is arbitrary.
? It may lead to excessive investment in short-term projects.
功夫不負(fù)有心人,只要堅(jiān)持一定會(huì)有所收獲。ACCA考試時(shí)間越來越近,大家抓緊時(shí)間備考吧。東奧小編預(yù)祝大家順利通過ACCA考試。
注:以上內(nèi)容來自Echo老師基礎(chǔ)班第14講
(本文為東奧會(huì)計(jì)在線原創(chuàng)文章,僅供考生學(xué)習(xí)使用,禁止任何形式的轉(zhuǎn)載)