List and Give a Short Explanation of Three of the Techniques

question 3

Essay

List and give a short explanation of three of the techniques discussed by the authors for maintaining interest in training.

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Definitions:

Book Balance

The amount of money a company reports in its financial statements, not necessarily reflecting the actual cash available.

Factoring

Factoring is a financial transaction where a business sells its accounts receivable to a third party, called a factor, at a discount.

Pledging

Offering an asset as security or collateral for a debt obligation.

Assigning

The process of allocating or appointing a particular task, responsibility, or resource to a specific entity or individual.