Delaying the Payment of Accounts Payable in Order to Improve

question 254

Multiple Choice

Delaying the payment of accounts payable in order to improve cash management is known as ________.

• A) ACH transfers
• B) stretching payables
• C) credit scoring
• D) lockbox system

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Definitions:

Recurring Event

An event that repeats at regular intervals over a period of time.

Appointment Status

An indicator of the current state or condition of a scheduled meeting or event, such as confirmed, tentative, or cancelled.

Default Setting

The preset configuration or value that software or devices use upon startup, before any modifications are made by the user.

Dialog Box Launcher

A small icon in software interfaces that, when clicked, opens a dialog box with additional options and settings related to the current tool or feature.