Accounts Receivable May Be Transferred to Investors in Return for Cash

question 131

True/False

Accounts receivable may be transferred to investors in return for cash through a process called securitization.

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Definitions:

Rectangular Coordinate

A system of specifying points on a plane using two distances, typically known as the x and y coordinates, which define the position relative to two perpendicular axes.

Square

To multiply a number by itself, or a geometric figure with four equal sides and four right angles.

Y-axis

The vertical line in a coordinate plane that measures the second coordinate of a point (its ordinate).

X-axis

The x-axis is the horizontal axis in a coordinate plane, used to represent one dimension of data or to plot the values of a function.