A corporate shareholder is entitled to which of the following rights?

Payback is considered an unsophisticated capital budgeting because it ________

A) gives explicit consideration to the timing of cash flows and therefore the time value of money B) gives explicit consideration to risk exposure due to the use of the cost of capital as a discount rate C) does not gives explicit consideration on the recovery of initial investment and possibility of a calamity D) it does not explicitly consider the time value of money

Which of the following is the primary advantage of lecturing as a method of training?

A) motivational for employees B) effective for informal learning C) appropriate for large groups D) requires limited preparation