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A company views accounts payable as interest free financing and therefore stretches its payments as far as it can, what is the risk of this
A company views accounts payable as interest free financing and therefore stretches its payments as far as it can, what is the risk of this approach?
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Stretching payments on accounts payable as a form of interestfree financing can offer shortterm benefits to a company such as preserving cash flow and ...
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
