When Managing Accounts Payable, a Good Strategy Would Be to ________

question 206

Multiple Choice

When managing accounts payable, a good strategy would be to ________.

• A) pay as early as possible creating better credit rating for a firm
• B) pay as slowly as possible without damaging a firm's credit rating
• C) pay big customers early to maintain good relations and small customers on a later date
• D) pay only when a firm has adequate funds to meet its liabilities

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Definitions:

Disease

A condition that disrupts normal physiological or anatomical functioning, often characterized by specific symptoms and signs.

Middle Adulthood

A stage of human development typically ranging from the mid-40s to the mid-60s, characterized by increased focus on personal and professional achievement, stability, and preparing for retirement.

Biological Decline

The process of physical deterioration in organisms, often associated with aging, leading to decreased functionality of organs and systems.

Background Noise

Ambient sound that is present in a scene or environment, which may not be the focus of attention but can affect perception and behavior.