Which of the Following Refers to the Use of a Computer

question 82

Multiple Choice

Which of the following refers to the use of a computer to create two-dimensional or three-dimensional models of physical parts?

• A)computer-aided design systems
• B)computer-aided manufacturing systems
• C)computer-designed manufacturing systems
• D)computer-integrated design systems

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Definitions:

Warehouse Financing

A form of financing used by banks and other institutions to loan money to companies using inventory as collateral.

Trust Receipt

A trust receipt is a financial document issued by a bank to a buyer who has obtained a loan to purchase goods, where the buyer agrees to hold the goods in trust for the bank until the loan is repaid.

Inventory Loans

Short-term loans or lines of credit secured by a company’s inventory, used to purchase products for sale.

Factoring Accounts Receivable

A financial transaction where a business sells its accounts receivable to a third party at a discount to immediately raise cash.