Which of the Following Statements Incorrectly Describes the Accounts Payable

Multiple Choice

Which of the following statements incorrectly describes the accounts payable turnover ratio?

A) A high ratio indicates that suppliers are being paid in a timely manner.
B) It increases when inventory is sold on account regardless of the sales price.
C) It can be manipulated by aggressively paying off accounts payable at year-end.
D) It is not affected by the choice of inventory accounting methods.