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A Supplier,who Requires Payment Within Ten Days,should Be Most Concerned

question 83

Multiple Choice

A supplier,who requires payment within ten days,should be most concerned with which one of the following ratios when granting credit?


Definitions:

Time-Consuming

Activities or processes that require a considerable amount or length of time to complete.

Situationist Argument

A viewpoint in psychology that suggests behavior is determined more by situations and external factors than by personal traits or characteristics.

Optimism

A mental attitude characterized by hope and confidence in success and a positive future.

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