The accounts payable period of the operating cycle:
A)is equal to the inventory period.
B)may run concurrently but shorter than the inventory period.
C)may run concurrently but longer than the inventory period.
D)Any one of the above may be true.

Question

Quizplus · Accepted Answer

The accounts payable period can vary in relation to the inventory period, meaning it can be equal, shorter, or longer, depending on the company's payment terms and inventory management.

The Accounts Payable Period of the Operating Cycle