Budgeting Discussion Board 4

 In your own words, answer this unit's discussion questions in a main post (recommended minimum 300 words) 

 Assignment Details

Capital budgeting techniques aid business with investment decision making. Many approaches can be used, with some being more advanced than others.

• Describe the payback period approach to capital budgeting.
• Explain 1 advantage and 1 disadvantage of the technique.
• Explain why it would be wise for a financial manager to learn advanced capital budgeting techniques.