According to the concept of multicultural identities, after people acquire a local identify, they tend to discard their global identity.

What are the two primary drawbacks to the payback period method?

A) Difficult to calculate; ignores time value of money
B) Difficult to calculate; only works for long projects (e.g., 5 years or more)
C) Ignores time value of money; ignores cash flows after payback is reached
D) Only works for long projects; ignores cash flows after payback is reached
E) Difficult to calculate; ignores cash flows after payback is reached