An Accounts Payable Is an Unwritten Promise to Pay a Supplier

question 57

True/False

An accounts payable is an unwritten promise to pay a supplier for assets purchased or services rendered.

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Definitions:

Colonoscopy

A medical procedure that uses a long, flexible camera to view the interior lining of the colon and rectum for diagnosis or treatment.

Gastrologist

Incorrect term for a medical specialist; the correct term is Gastroenterologist, who specializes in diagnosing and treating digestive system disorders.

Cardiomyopathy

Cardiomyopathy is a group of diseases affecting the heart muscle, leading to impaired function and heart failure.

Nephrology

A branch of medicine focusing on the diagnosis and treatment of kidney diseases.