Which of the Following Transactions Will Decrease the Accounts Payable

question 121

Multiple Choice

Which of the following transactions will decrease the accounts payable turnover ratio?

• A)Using cash to pay an accounts payable balance.
• B)Selling inventory on account.
• C)Selling inventory for cash.
• D)A customer returning inventory sold on account.

---

Definitions:

Productivity

A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Different Methods

Various techniques or strategies employed in conducting research or analysis to achieve specific objectives.

Population of Differences

Refers to a set of variations or changes among a group's members or between groups being studied.

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true population parameter with a certain level of confidence.