MCQOPTIONS
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| 1. |
What would be the most likely impact on trade receivables days if invoice discounting was offered to and accepted by a large customer of a business? |
| A. | trade receivables days would no longer exist |
| B. | trade receivables days would reduce |
| C. | trade receivables days would increase |
| D. | trade receivable days would not be affected |
| Answer» C. trade receivables days would increase | |