Question: The decision rule a payables manager should follow when considering how to manage payments is to _ _ _ _ _ _ _ _ _

The decision rule a payables manager shouldfollow when considering how to manage payments is to_____________, so long as payment is not made late.
ignore the present value of the payment and follow usual industry payment practice
delay payment for an additional day as long as the present value of the payment continues to increase
delaypayment for an additional day as long as the present value of the payment continues to fall
always pay within the cash discount period

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