Factoring accounts receivable is the sale of a firm's receivables while pledging accounts receivable

is the use of accounts receivable as collateral for a loan.

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

The standard deviation of a sample was reported to be 7. The report indicated that = 980. What is the sample size?

What will be an ideal response?

Business

A chance event that has an impact on the outcome of the choice but is not under the manager's control is called a(n) ________

Fill in the blanks with correct word

Business

The mayor owns property next to one of the proposed sites for the city's new baseball stadium. The mayor has a conflict of interest and should not vote on the location of the stadium when the city council takes action on the site

Indicate whether the statement is true or false

Business

Which of the following term plans is intended to cover an individual's outstanding debt?

A) Renewable term B) Reentry term C) Credit life D) Mortgage life E) Both C and D above

Business