Secured fiNancing on a Short-Term Basis That Involves Either the Assignment

question 199

True/False

Secured financing on a short-term basis that involves either the assignment or the factoring of
receivables is called accounts receivable financing.

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Definitions:

Web Server

A software or hardware capable of accepting requests from clients (usually web browsers) and serving them web pages and other content.

Internet

A global network of interconnected computers and servers that allows for the transmission of data and communication across vast distances.

RDBMS

Relational Database Management System, a type of database management system that stores data in tables with relationships between them.

DBMS

Acronym for Database Management System, a software system designed to store, manage, and retrieve data from databases.