Which One of the Following Will Increase the Trade Payables

question 106

Multiple Choice

Which one of the following will increase the trade payables period, all else constant?

• A)An increase in the cost of goods sold account value.
• B)An increase in the ending trade payables balance.
• C)An increase in the cash cycle.
• D)A decrease in the operating cycle.
• E)A decrease in the average trade payables balance.

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Definitions:

Karl Marx

A philosopher and economist known for his critical analysis of capitalism and his theory of historical materialism, which centers on the roles of class struggle and economic production in social change.

Emile Durkheim

A French sociologist and one of the founding figures of sociology, known for his work on social cohesion, the division of labor, and the concept of social facts.

Egoistic

Pertaining to or involving an excessive preoccupation with one's own advantage and interests at the expense of others or the community.

Anomic

A state of normlessness or social instability resulting from a breakdown of standards and values or a lack of purpose.