Characteristics of Factoring Accounts Receivable Include All of the Following

question 89

Multiple Choice

Characteristics of factoring accounts receivable include all of the following except which one?

• A) a firm sells its accounts receivable to a finance company
• B) receivables are sold without recourse
• C) the firm incurs any losses from nonpayment
• D) maturity factoring and advance factoring are the two basic ways of financing

Understand the significance of active listening in effective communication.

Understand the components and calculation of return on investment.

Identify the advantages and judgmental factors involved with financial ratios.

Differentiate between static and flexible budgets and their implications for managerial control.

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Definitions:

Interstitial Cells

Cells located amongst the tissues of an organ, often referring to cells in the testes and ovaries that produce hormones.

Pacemaker Cells

Specialized cells within the heart's sinoatrial node that generate and regulate the heart's rhythm.

Enteric Sensory Neurons

Nerve cells within the enteric nervous system that detect changes in the gastrointestinal tract and send information to the central nervous system.

Digestive Tract

The series of hollow organs joined in a long, twisting tube from the mouth to the anus, where food is broken down, nutrients are absorbed, and waste is expelled.