The days' payable shows the maximum time a company takes to pay its accounts payable
Indicate whether the statement is true or false
False
You might also like to view...
The time value of money concept recognizes that a dollar today is worth more than a dollar tomorrow. Which of the following is not a factor in causing the present value of cash inflows to diminish over time?
A. Earning potential, such as interest. B. Risk of uncollectibility. C. Inflation reduces future purchasing power. D. Current expenses.
According to the text, physical distribution cost tradeoffs enable firms to
A. resolve pricing conflicts among channel partners. B. minimize risk during test marketing of new products. C. reduce costs of all distribution functions simultaneously. D. resolve pricing conflicts within industry sectors. E. utilize resources for greatest cost-effectiveness.
One of the implementation tools from the operations consulting tool kit is the responsibility chart.
Answer the following statement true (T) or false (F)
Limits that are set too high for exception reports can overwhelm the decision maker with "exceptions" that are not really cause for concern
Indicate whether the statement is true or false