The Accounts Payable Turnover Is Calculated by Purchases from Suppliers

question 108

Multiple Choice

The accounts payable turnover is calculated by purchases from suppliers divided by:

• A)average accounts payable
• B)beginning accounts payable.
• C)ending accounts payable.
• D)average accounts receivable.

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Definitions:

Executive-Type Norms

Guidelines or standards set by those in leadership positions within organizations, influencing behavior and decision-making.

Student Norms

Refers to the unwritten rules and expectations that govern behavior within a student community.

Conform

To align one's behavior, beliefs, or standards to those of a group or society, often due to peer pressure or societal norms.

Comply

To act according to a wish, command, or demand, following rules or instructions.