Which of the Following Statements Is False

question 40

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.

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Definitions:

Divided Attention

The ability to process two or more responses or react to multiple stimuli simultaneously.

Watching TV

The act of engaging with visual content broadcasted through television, which can influence thoughts, emotions, and behaviors.

Performance

The act of carrying out a task or function, typically evaluated based on its efficiency, accuracy, or effectiveness.

Studying

The act of applying one's mind to learning or understanding a subject, typically through reading or practicing.