Failure to Take Cash Discounts from Suppliers

question 39

Multiple Choice

Failure to take cash discounts from suppliers

• A) typically makes little difference to a firm's financial well-being, since a business does not pay a high rate for use of a supplier's money.
• B) typically makes a big difference to a firm's financial well-being, since a business pays a high rate for use of a supplier's money.
• C) has no effect on cash flow.
• D) will result in negative credit reports.

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Definitions:

Same Culture

A social or ethnic group that shares common customs, values, traditions, and beliefs, which bond the group together and distinguish it from others.

Osteopathy

A branch of medical practice that emphasizes the treatment of medical disorders through the manipulation and massage of the bones, joints, and muscles.

Marginal Occupation

Jobs or professional roles considered to be at the lower end of economic and social status, often characterized by insecurity and low wages.

Parallel Profession

A term denoting occupations that share similar characteristics or goals, but may differ in specific duties or contexts.