Which One of the Following Will Increase the Accounts Payable

question 84

Multiple Choice

Which one of the following will increase the accounts payable period,all else constant?

• A)An increase in the cost of goods sold account value
• B)A decrease in the operating cycle
• C)An increase in the cash cycle
• D)A decrease in the average accounts payable balance
• E)An increase in the ending accounts payable balance

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Definitions:

Expenses Column

A specific column in a financial spreadsheet or database table that records the amounts spent on different items or services.

COUNTIF

A function in spreadsheet software that counts the number of cells that meet a specific condition within a range.

City Column

In databases or spreadsheets, a column specifically dedicated to storing city names or information related to cities.

Order ID

A unique identifier assigned to each order placed within a system, used for tracking and managing orders.