The Sale of Receivables by a Business

question 171

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 factor.
• D) can be a quick way to generate cash for operating needs.

---

Definitions:

Unions

Unions are organized groups of workers who come together to make decisions about the conditions of their work and to negotiate labor contracts with employers.

Reality Television

A genre of television programming that documents unscripted real-life situations, often featuring unknown individuals rather than professional actors.

Stereotypes

Oversimplified and generalized beliefs about a particular group of people or things, often leading to misconceptions.

Minority Journalists

Individuals from underrepresented groups who work in the journalism field, aiming to provide diverse perspectives in news and media.