What Is the Accounts Payable Turnover

question 162

Multiple Choice

What is the accounts payable turnover?

• A)a measure of liquidity
• B)a measure of the number of times a year a company is able to pay off its accounts payable
• C)purchases on account from suppliers divided by average accounts payable
• D)all of the above

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Definitions:

Need For Achievement

A psychological characteristic that drives individuals to strive for success in tasks where they are evaluated against some standard of excellence.

Maximise

To increase or make as great as possible.

Difficult Task

A task that requires significant effort, skill, or knowledge to complete, and often poses a challenge to the individual attempting it.

Thalamus

A part of the brain located in the center of the cerebral hemisphere that acts as a major relay station for sensory and motor signals to the cerebral cortex.