To maintain a good credit rating and to optimize cash management, cash disbursements should arrive at the vendor's place of business
A) as soon as possible
B) on the due date
C) on the discount date
D) by the end of the month

Question

Quizplus · Accepted Answer

Paying on the discount date allows the company to take advantage of any early payment discounts offered by the vendor, which can save money and improve cash flow. Additionally, paying on time or early can help maintain a good credit rating, as it shows that the company is reliable and trustworthy in paying its bills.

To Maintain a Good Credit Rating and to Optimize Cash