Delaying the Payment of Accounts Payable in Order to Improve

question 221

Multiple Choice

Delaying the payment of accounts payable in order to improve cash management is known as

• A) ruining the firm's credit rating.
• B) float.
• C) stretching the payables.
• D) reducing optimal cash requirements.

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Definitions:

Pope Leo XIII

The head of the Catholic Church and ruler of the Vatican City from 1878 to 1903, known for addressing social issues and promoting the study of Thomism.

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The legal entitlement to participate in the democratic process of electing leaders and shaping legislation through the act of casting ballots.

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Female human beings; historically, their roles and rights have been subject to significant evolution and change across different cultures and eras.

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An Italian poet, editor, and the founder of the Futurist movement, advocating for the rejection of tradition, the embrace of modernity, technology, and speed, significantly influencing early 20th-century art and politics.