The Days' Payable Shows How Long,on Average,a Company Takes to Pay

question 157

True/False

The days' payable shows how long,on average,a company takes to pay its accounts payable.

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Definitions:

Awareness

The state of being conscious of something, which can involve attention, concern, or knowledge of a particular issue or fact.

Statistical Inference

The process of drawing conclusions from data subject to random variation.

Questionnaire Data

Facts and figures obtained by asking people about their attitudes, awareness, intentions, and behaviors.

Personal Observation

An individual's own monitoring and recording of events or behaviors, used as a method of gathering data.