The concept of accounts payable

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Which of the following statements is true? The concept of accounts payable is applicable only when a customer buys from a retailer. Amazon does not allow third-party sellers to sell products through its website. It is not uncommon for a big retailer like Amazon to be able to hold products for a month or longer without having to pay for them. Amazon has always sold products to customers using middlemen. The Amazon Associates program is the second largest affiliate marketing program in the world.

Reference no: EM13977767

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