What is an advantage of supplier credit?
A) It does not need to be repaid within the short term.
B) It has a long-term payment schedule.
C) It is suitable for long-term growth.
D) It is inexpensive.

Question

Quizplus · Accepted Answer

Supplier credit is often considered inexpensive compared to other forms of financing because it may not involve interest charges or may have lower rates, making it a cost-effective way for businesses to manage cash flow and inventory.

What Is an Advantage of Supplier Credit