Examlex

Solved

Consumers Can Choose to Spend or Save Their Income

question 65

True/False

Consumers can choose to spend or save their income.


Definitions:

Cash Cycle

The period between the outlay of cash for goods/services and the return of cash through customer payments, reflecting the liquidity and efficiency of a company.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers after receiving inventory or services.

Related Questions