A Firm's Practice of Ignoring a Payment Due Period and Paying

question 58

Multiple Choice

A firm's practice of ignoring a payment due period and paying later is called:

• A)shirking.
• B)missing accounts payable.
• C)default.
• D)a credit event.
• E)stretching the accounts payable.

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Definitions:

Firearms

Weapons, such as guns, designed to discharge projectiles (bullets, shells, etc.) at high speeds, typically used for self-defense, hunting, or as tools of warfare.

Mass Murder

The act of murdering a large number of people, typically at the same time or over a relatively short period of time, by a single person or a group.

Borderline Personality Disorder

A mental health disorder characterized by pervasive patterns of instability in interpersonal relationships, self-image, and emotions.

Avoidant Personality Disorder

A personality disorder characterized by consistent discomfort and restraint in social situations, overwhelming feelings of inadequacy, and extreme sensitivity to negative evaluation.