Question

Why would your company want to reduce its accounts payable policy? Select One A. Reducing their...

Why would your company want to reduce its accounts payable policy?

Select One

A.

Reducing their payables will increase their available cash

B.

Reducing their payables will slightly increase demand

C.

Reducing their payables will anger their suppliers

D.

None of the above

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Answer #1

Hello Sir/ Mam

YOUR REQUIRED ANSWER IS OPTION D : NONE OF THE ABOVE

  • Reducing AP will reduce cash.
  • AP has nothing to do with demand.
  • AP reduction will make the suppliers happy.

I hope this solves your doubt.

Feel free to comment if you still have any query or need something else. I'll help asap.

Do give a thumbs up if you find this helpful.

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