_____ Refers to the Financing Granted Against Collateral, Which Can

question 14

Multiple Choice

_____ refers to the financing granted against collateral, which can be the imported/exported goods.

• A)Angel funding
• B)Purchase Order Financing
• C)Secured financing
• D)Overdraft
• E)Cash advance

Understand the concept of computer clients and their differences.

Comprehend the basic principles of computing, such as Moore's law and processing functions.

Recognize the importance and impact of input and output technologies in computing systems.

Differentiate between various computing devices based on their functions and capabilities.

---

Definitions:

Cost Management

The process of planning and controlling the budget of a business or project, focusing on reducing costs and maximizing value.

Cost Savings

The reduction in expenses achieved through efficient management, negotiation, process improvements, or other means, contributing to increased profitability.

Cost Reductions

Efforts made to lower operating expenses and production costs without compromising quality or performance.

Cost Avoidance

Involves actions taken to prevent or reduce potential increases in costs, helping to control future expenses without necessarily resulting in immediate savings.