The Trade Payables Turnover Ratio Can Be Manipulated by Management

question 69

True/False

The trade payables turnover ratio can be manipulated by management through paying off more of their vendors at the end of the year, even though they have been paying late all year, so their ratio would look acceptable.

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Definitions:

Testing for DNA

The process of examining a sample to identify the genetic material present, often used in forensic science, paternity testing, and genetics research.

Particulate

Relating to small distinct particles, often used in contexts like pollution (particulate matter) referring to tiny particles suspended in air.

Genes

Units of heredity made up of DNA that are responsible for the genetic traits passed from parents to offspring.

DNA

Deoxyribonucleic Acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.