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.

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Definitions:

Swing Voters

Swing voters are individuals who are not consistently loyal to a single political party and can swing their vote from one party to another, often influencing the outcome of elections.

Undecided

A term often used in polling and elections to describe voters or participants who have not yet made a decision or declared their preference.

White House

The official residence and principal workplace of the President of the United States, located at 1600 Pennsylvania Avenue NW in Washington, D.C.

Obama's Race

refers to the racial identity and its implications for Barack Obama, the 44th President of the United States, who is of mixed African-American and White heritage, and how it influenced his presidency and public perceptions.