When comparing the payback and discounted payback from a financial point of view, the discounted payback method is preferred over the payback method.

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Rachel Woon Pin Yue · Accepted Answer

Final Answer : True, Explanation :  The discounted payback method is preferred because it takes into account the time value of money, providing a more accurate reflection of the project's profitability by discounting future cash flows to their present value.

When comparing the payback and discounted payback from a financial point of view, the discounted payback method is preferred over the payback method.

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