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.

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Definitions:

Employee Assistance Program (EAP)

A work-based intervention program designed to assist employees in resolving personal problems that may be adversely affecting their job performance, health, and well-being.

Personal Problems

Issues and challenges of a private nature that an individual experiences in their personal life.

Work Performance

The efficiency and effectiveness with which an employee accomplishes their job responsibilities and tasks.

Outsourcing

Engaging external resources to perform tasks, services, or roles traditionally handled by internal staff.