Selling Accounts Receivable to Obtain Short-Term Funds Is Called

question 69

Multiple Choice

Selling accounts receivable to obtain short-term funds is called:

• A)factoring.
• B)debt financing.
• C)pledging.
• D)equity financing.

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Definitions:

Fibrillation

A rapid, irregular, and unsynchronized contraction of muscle fibers, particularly in the heart.

Ventricles

The two lower chambers of the heart, or the central cavities in the brain.

Capillaries

The smallest blood vessels in the body, connecting arteries to veins, which facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrient and waste substances between blood and surrounding tissues.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body.