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Failure to Take Cash Discounts from Suppliers

Question 39

Multiple Choice

Failure to take cash discounts from suppliers


A) typically makes little difference to a firm's financial well-being, since a business does not pay a high rate for use of a supplier's money.
B) typically makes a big difference to a firm's financial well-being, since a business pays a high rate for use of a supplier's money.
C) has no effect on cash flow.
D) will result in negative credit reports.

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