MCQs > Finance & Management > Financial Forecasting > What does an increasing trend in Accounts Payable indicate for a company?

Financial Forecasting MCQs

What does an increasing trend in Accounts Payable indicate for a company?

Answer

Correct Answer: The company is making better use of its cash and is not paying bills as quickly.

Explanation:

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Financial Forecasting Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it