Trade credit should always be used when it is offered.

Name: Trade credit should always be used when it is offered.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Trade credit can be beneficial for managing cash flow, but it's not always the best option due to potential high costs if the payment is delayed beyond the discount period, or if it negatively impacts the company's ability to manage its liabilities effectively. Each opportunity should be evaluated based on the company's financial situation and the terms of the credit.

Trade Credit Should Always Be Used When It Is Offered