If a Company Can Stretch Its Accounts Payable Without Damaging

question 84

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)reducing
• C)not affecting
• D)not able to determine.
• E)none of the above

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Definitions:

Culture

A complex system of values, traditions, symbols, and practices shared by a group of people that collectively form their way of life.

Crescive Norms

Unwritten rules that are discovered through interaction with a culture or society, influencing behavior and expectations.

Enacted Norms

Socially accepted behaviors or standards that are established through action and practice within a group or society.

Social Structure

The organized pattern of social relationships and social institutions that together compose society.