Which of the Following Organizations Are Involved in Accounts Receivable

question 64

Multiple Choice

Which of the following organizations are involved in accounts receivable financing for businesses?

• A) consumer finance companies
• B) commercial finance companies
• C) factors
• D) commercial finance companies and factors

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Definitions:

Current Flow

The directed movement of electric charge through a conductor, often described in terms of direction from positive to negative points.

Parallel

An electrical circuit configuration where components are connected across the same two points, providing multiple paths for the current.

Series

A circuit configuration where components are connected in a linear sequence so that the same current flows through each component.

Two-Branch

Refers to a circuit configuration that splits into two distinct paths or branches, often used in parallel circuit analysis.