Question: General Payment Ethics include: Select one: O a. A/P should never be paid early b. A/P should not be stretched past the credit period O


General Payment Ethics include: Select one: O a. A/P should never be paid early b. A/P should not be stretched past the credit period O c. Pay A/P on the last day of the discount period or the last day of the credit period. d. All of the options Solvency refers to Select one: O a. Firm Liquidity b. Firm's assets exceed liabilities; assets can be sold to repay the liabilities c. get money at the time of need d. Firm's ability to cover its financial obligations in the short run The difference between the ledger balance and deposit float is referred to as Select one: a. Ledger balance b. Non of the Options C. Collected balance d. Cash balance
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