The drawbacks to delaying making payments may include all of the following, except
A)alienating suppliers.
B)losing out on valuable trade credit.
C)loss of business.
D)reduced liquidity.

Question

Quizplus · Accepted Answer

Delaying payments can result in reduced liquidity as the company may have to pay interest or penalties for late payments. However, the other options such as alienating suppliers, losing out on valuable trade credit, and loss of business are all potential drawbacks of delaying payments.

The Drawbacks to Delaying Making Payments May Include All of the Following