A large increase in accounts payable indicates that a company is paying its suppliers on time.

Name: A large increase in accounts payable indicates that a company is paying its suppliers on time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in accounts payable means that the company owes more to its suppliers and may indicate a delay in payment. A decrease in accounts payable would indicate that the company is paying its suppliers on time or even ahead of schedule.

A Large Increase in Accounts Payable Indicates That a Company