Which of the Following Statements Is FALSE

question 35

Multiple Choice

Which of the following statements is FALSE?

• A)The lower the discount percentage offered,the greater the cost of forgoing the discount and using trade credit.
• B)A firm should choose to borrow using accounts payable only if trade credit is the cheapest source of funding.
• C)A firm should always pay on the latest day allowed.
• D)A firm should strive to keep its money working for it as long as possible without developing a bad relationship with its suppliers or engaging in unethical practices.

Analyze the shift from program innovation to program management in service delivery models.

Evaluate the role of volunteer emotions and other subjective factors in organizational decisions such as mergers.

Understand the concept of locus of control and its implications on behavior and achievement.

Identify different theories and scales used to measure personality traits and motivation, including Rotter's locus of control and the TAT for achievement motivation.