The Sale or Transfer of Accounts Receivable in Order to Raise

question 65

Multiple Choice

The sale or transfer of accounts receivable in order to raise funds is called

• A)pledging.
• B)factoring.
• C)leasing.
• D)collateralizing.

Distinguish between different programming modes of PLCs and their uses.

Recognize the significance of maintaining data integrity in PLC systems during power losses.

Understand the concept and types of international business, including franchising, direct investment, and joint ventures.

Recognize the reasons why businesses expand into international markets.

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Definitions:

Representation Elections

Elections conducted to determine whether workers wish to be represented by a union, and if so, which union should represent them.

U.S.

A country consisting of fifty states and a federal district, known officially as the United States of America, which is a federal republic in North America.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.

Decentralization

The process of distributing or dispersing functions, power, people, or things away from a central location or authority.