"Stretching" accounts payable is a widely accepted, entirely ethical, and costless financing technique.

Name: "Stretching" accounts payable is a widely accepted, entirely ethical, and costless financing technique.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Stretching accounts payable, which involves delaying payment to suppliers beyond the agreed terms, can harm supplier relationships, may incur late fees, and is generally not considered an ethical business practice as it can be seen as exploiting suppliers.

"Stretching" Accounts Payable Is a Widely Accepted, Entirely Ethical, and Costless