The fact that no explicit interest is paid on accruals,and that the firm can vary the level of these accounts,makes accruals an attractive and flexible source of funding to meet increased working capital needs.

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The Answer of The fact that no explicit interest is paid on accruals,and that the firm can vary the level of these accounts,makes accruals an attractive and flexible source of funding to meet increased working capital needs.

The Fact That No Explicit Interest Is Paid on Accruals,and