Mycale's Has Always Paid Its Suppliers in 30 Days

question 267

Multiple Choice

Mycale's has always paid its suppliers in 30 days. The company just hired a new financial officer who is changing the policy such that suppliers will now be paid in 45 days. This change will ______ the accounts payable period and _______ the cash cycle.

• A) Increase; not affect
• B) Increase; increase
• C) Increase; decrease
• D) Decrease; increase
• E) Decrease; decrease

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Definitions:

Negative Sentiments

Feelings or attitudes that reflect pessimism, dissatisfaction, or dislike toward a person, situation, or idea.

Power And Control Stage

A phase in the dynamics of relationships or systems where one party asserts dominance over others to dictate outcomes or behavior.

Hostility

Feelings or expressions of antagonism, aggression, or enmity toward others.

Termination Phase

The final stage in a professional relationship or service provision, where closure is provided, and future plans are discussed.