2 The report clearly saw 30 days as being prompt, but found that only 66% of businesses...

Question:

2 The report clearly saw 30 days as being prompt, but found that only 66% of businesses paid within this period. Is this acceptable? How might pressure be applied to slow payers? Given the increased emphasis on corporate social responsibility, should some measure or code of behaviour be developed relating to expected payment periods?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting For Business Students

ISBN: 9781488616570

1st Edition

Authors: Peter Atrill, Eddie Mclaney, David Harvey

Question Posted: