Pledging Means Using Accounts Payable as Collateral for a Loan

question 50

True/False

Pledging means using accounts payable as collateral for a loan from a finance company or bank.

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Definitions:

Central Executive

A part of working memory model that coordinates the activities of the two subsystems, the phonological loop and the visuo-spatial sketchpad, and integrates information from the episodic buffer.

Working Memory Capacity

The amount of information that can be held and manipulated in working memory, a key factor in cognitive processes such as reasoning, comprehension, and learning.

Phonological Loop

A component of working memory model involving the temporary storage and manipulation of verbal and auditory information.

Working Memory

An intellectual system with finite capabilities, tasked with holding data temporarily to facilitate processing.