Unlike accruals, the volume of trade payables is controllable by the financial manager.

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Trade payables are accounts payable that reflect the amounts owed by the business to its suppliers or vendors. The financial manager can control the volume of trade payables by managing the purchases made by the business, negotiating payment terms with suppliers, and actively managing the payment schedule. In contrast, accruals represent expenses that have been incurred but not yet paid, and their volume is typically not controllable by the financial manager as they are based on accounting rules and regulations.

Unlike Accruals, the Volume of Trade Payables Is Controllable by the Financial