The Practice of Selling a Firm's Accounts Receivable to Another

question 42

Multiple Choice

The practice of selling a firm's accounts receivable to another firm at a discount is known as

• A) excising.
• B) exporting.
• C) crediting.
• D) factoring.

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Definitions:

Iconic Sensory Memory

A form of sensory memory that briefly holds visual information, allowing it to be processed further.

Rapidly Passing Scenery

The visual perception of landscape or surroundings moving quickly past a viewer, often experienced during travel.

Window Seat

A place or position, especially in a vehicle, located next to the window, often sought for the view and natural light it provides.

Television Set

An electronic device designed to receive broadcast signals and display them as visual images and sound.