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CTP · Question #25
(Topic 1) Company XYZ is now required to make electronic payments by its suppliers. To prevent an increase in costs, the company shoulD.
The correct answer is A. negotiate a change in payment timing with its suppliers. See the full explanation below for the reasoning.
Question
- (Topic 1)
Company XYZ is now required to make electronic payments by its suppliers. To prevent an increase in costs, the company shoulD.
Options
- Anegotiate a change in payment timing with its suppliers.
- Binstitute a just-in-time inventory system.
- Cnegotiate a change in cash disbursement with its concentration bank.
- Dinstitute a modified RSA system for its inventory.
How the community answered
(54 responses)- A72% (39)
- B6% (3)
- C19% (10)
- D4% (2)
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