Accounts Receivable Can Be Sold to a Factor as a Means

question 64

True/False

Accounts receivable can be sold to a factor as a means of speeding up cash flows.

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Definitions:

Susceptible

Likely or prone to be influenced or harmed by a particular condition or circumstance.

Teratogens

Agents, such as chemicals and viruses, that can reach the embryo or fetus during prenatal development and cause harm.

Consistently Damaging

Causing steady or repeated harm or deterioration over time.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits, known for its effects on mood, behavior, and consciousness.