Which One of the Following Will Increase the Accounts Payable

question 30

Multiple Choice

Which one of the following will increase the accounts payable period,all else constant?

• A) an increase in the cost of goods sold account value
• B) an increase in the ending accounts payable balance
• C) an increase in the cash cycle
• D) a decrease in the operating cycle
• E) a decrease in the average accounts payable balance

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Definitions:

Strategic Goals

Long-term, overarching objectives that an organization aims to achieve, guiding its mission and the allocation of its resources.

Investment Revenue

Income earned from various forms of investments like stocks, bonds, mutual funds, and other investment vehicles.

Premiums And Discounts

Terms related to the bond market; premiums occur when a bond's price is higher than its face value, and discounts when it's sold below face value, affecting its yield.

Bond Investments

Financial securities that represent a loan made by an investor to a borrower, typically corporate or governmental, that pays periodic interest payments and the return of principal at maturity.