Proper Management of Accounts Payable Will Guarantee That a Firm

question 60

Multiple Choice

Proper management of accounts payable will guarantee that a firm

• A)pays the maximum due to each vendor.
• B)pays each bill early to avoid penalties and interest.
• C)pays some bills early and some late to obtain an average payment of on time.
• D)pays the minimum due to each vendor.

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Appealing Fix

A solution or repair to a problem that is attractive or satisfying because it is effective, easy, or beneficial.

Human Error

Mistakes made by humans, especially in operational or procedural contexts, leading to deviations from intended outcomes or processes.

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