The Sale of Receivables by a Business

question 155

Multiple Choice

The sale of receivables by a business

• A)indicates that the business is in financial difficulty.
• B)is generally the major revenue item on its income statement.
• C)is an indication that the business is owned by a captive finance company.
• D)can be a quick way to generate cash for operating needs.

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Definitions:

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A decrease or absence in the desire or willingness to perform actions or achieve goals, often associated with depression or other mental health issues.

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