"Stretching" accounts payable is a widely accepted, entirely ethical, and costless financing technique.

Name: "Stretching" accounts payable is a widely accepted, entirely ethical, and costless financing technique.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Stretching accounts payable involves delaying invoice payments to suppliers, which can create financial strain and negatively impact supplier relationships. It is not entirely ethical and can lead to hidden costs such as late fees or loss of supplier discounts.

"Stretching" Accounts Payable Is a Widely Accepted, Entirely Ethical, and Costless