If a Company Can Stretch Its Accounts Payable Without Damaging

question 86

Multiple Choice

If a company can stretch its accounts payable without damaging its credit rating,it is effectively ___________ the cost of foregoing the cash discount.

• A)increasing
• B)translating
• C)not affecting
• D)not able to determine.
• E)none of the above

---

Definitions:

Global South

A term used to describe countries located primarily in the Southern Hemisphere, often focusing on those with developing or emerging economies.

Global North

A term referring to the wealthier, industrialized countries primarily located in the Northern Hemisphere, contrasted with the less developed Global South.

Rural Areas

Regions of land that are not densely populated and are often characterized by farming or natural settings.

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for the purpose of food production or other agricultural products.