Which of the Following Statements Is FALSE

question 2

Multiple Choice

Which of the following statements is FALSE?

• A)After a firm decides on its credit standards,it must next establish its credit terms.
• B)The decision of how much credit risk to assume plays a large role in determining how much money a firm ties up in its payables.
• C)Knowledge of the payments pattern is also useful for forecasting the firm's working capital requirements.
• D)An aging schedule categorizes accounts by the number of days they have been on the firm's books.

Grasp how to appropriately position extended definitions based on audience needs within technical documents.

Understand the fundamental concepts of social psychology including attitudes, attribution theory, and cognitive dissonance.

Describe how cognitive dissonance theory explains behavior and attitude change.

Recognize the influence of situational and dispositional factors on behavior as described by the actor-observer effect.