With Accounting Factoring, the Factor Assumes All Credit Risk on Accounts

question 46

True/False

With accounting factoring, the factor assumes all credit risk on accounts receivable.

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Definitions:

Conditioned Response

An automatic response established by training to an ordinarily neutral stimulus.

Unconditioned Response

In classical conditioning, it's the automatic, natural reaction to an unconditioned stimulus without prior learning or conditioning.

Behaviorist

A supporter of the behavioral approach in psychology, emphasizing behavioral analysis and modification rather than internal or cognitive states.

Thoughts And Feelings

Refer to internal cognitive and affective states that are subjective and can influence behavior and perception.