In a high-inflation economic environment, which of the following statement is correct ( ).
A: Creditors bear losses while debtors gain benefits
B: Debtors bear losses while creditors gain benefits
C: Both creditors and debtors will gain benefit
D: Both creditors and debtors will bear losses
A: Creditors bear losses while debtors gain benefits
B: Debtors bear losses while creditors gain benefits
C: Both creditors and debtors will gain benefit
D: Both creditors and debtors will bear losses
举一反三
- Customers are …() A: Debtors of deliveries and services. B: Creditors of accounts receivable trade.
- Which budget consists of direct materials, direct labour and production overheads? A: Cash budget B: Debtors budget C: Creditors budget D: Raw materials budget E: Production cost budget
- If you were preparing a set of budgets for a large non-manufacturing business which of thefollowing budgets would you not probably prepare? A: Sales budget B: Production cost budget C: Debtors budget D: Creditors budget E: Cash budget
- A tale of two debtors
- 4.2 is the creditors in the collection.