Because Accounts Payable and Accrued Expenses Increase with Sales, They

question 52

True/False

Because accounts payable and accrued expenses increase with sales, they represent sources of spontaneous financing.

---

Definitions:

Global Sourcing

The practice of sourcing goods and services from the global market to take advantage of global efficiencies, such as lower cost or higher quality.

Dependable Service

A reliable and trustworthy service that consistently meets its promised criteria and customer expectations.

Near Shoring

The practice of transferring a company's business or production processes to neighboring or nearby countries to reduce costs and improve logistics.

Disintermediation

Eliminating intermediaries in a supply chain, allowing direct transactions between buyers and producers.