Which one of the following will increase the accounts payable period,all else constant?
A)an increase in the cost of goods sold account value
B)an increase in the ending accounts payable balance
C)an increase in the cash cycle
D)a decrease in the operating cycle
E)an increase in the accounts payable turnover rate

Question

Quizplus · Accepted Answer

Increasing the ending accounts payable balance means that the company is taking longer to pay its suppliers, which increases the accounts payable period. Choice A, C, D, and E would all decrease the accounts payable period.

Which One of the Following Will Increase the Accounts Payable