CIMA Exam CIMAPRA19-F01-1 Topic 5 Question 41 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 41
Topic #: 5

Which of the following statements about trade payables management is false?

ATrade payables are an important source of finance.

BWhen goods are in short supply customers who pay immediately are likely to be given priority over customers who take credit.

CTrade payables should be paid as quickly as possible.

DGoods or services may be more costly if extended credit is required.

Show Suggested Answer

Suggested Answer: C

by Felix at May 06, 2022, 07:05 AM

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