Liabilities: Although prompt payment of what is owed (payables) establishes good credit ratings and a good relationship with suppliers, it is often necessary to delay payments of bills in order to____________________________.
A) Use those liabilities due for payment within a year
B) everything owed to creditors
C) more effectively manage cash flow.
D) those liabilities the business intends to pay within the next month
E) None of the answers apply.

Question

Quizplus · Accepted Answer

The Answer of Liabilities: Although prompt payment of what is owed (payables) establishes good credit ratings and a good relationship with suppliers, it is often necessary to delay payments of bills in order to____________________________.
A) Use those liabilities due for payment within a year
B) everything owed to creditors
C) more effectively manage cash flow.
D) those liabilities the business intends to pay within the next month
E) None of the answers apply.

Liabilities: Although Prompt Payment of What Is Owed (Payables) Establishes