The ______ of receivables collection and payment of accounts payable are key determinants in whether a firm is cash rich or cash poor.
A) quantity
B) cost
C) difference
D) interest
E) timing

Question

Quizplus · Accepted Answer

The timing of receivables collection and payment of accounts payable significantly impacts a firm's cash flow, determining whether it is cash rich or cash poor. Efficient management of these timings can improve liquidity.

The ______ of Receivables Collection and Payment of Accounts Payable