Post Utme Achievers University 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦10 million and a payback period of 5 years. What is the primary reason for investing in this project?

Answer Options

A. The high NPV
Correct Answer B. The short payback period
C. The high return on investment (ROI)
D. The low risk
Correct Answer
B
Correct Option:
The short payback period

About This Question

This is Post Utme Achievers University 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Achievers University Commerce examination.

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