A Trigger Is Based on Cost/benefit Analysis,like an Employee Labor

question 56

True/False

A trigger is based on cost/benefit analysis,like an employee labor report,a sale of an item,or the purchase of new hardware.

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Definitions:

Perfect

To complete or make flawless; in legal terms, it often refers to making a claim or security interest legally valid or enforceable.

Insuring

The act of providing or arranging insurance as protection against a possible eventuality.

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.

Financing Statement

A document filed to give public notice that a creditor has a security interest in the property of a debtor, often used in secured transactions.