The Primary Sources of Revenue for a Factoring Company Are

question 20

True/False

The primary sources of revenue for a factoring company are the interest earned on the finance provided and the fees for managing the collection of debt.

---

Definitions:

Percent

Percent refers to a part-per-hundred rate, symbolized by the "%" sign, used in expressing proportions, fractions, or shares in relation to a whole.

Custodial Care

Non-medical care aimed at providing assistance with daily living activities, such as bathing, dressing, and eating, typically in a residential setting.

Milieu Therapy

A therapeutic approach that utilizes the environment, including people, activities, and settings, to create a supportive and therapeutic community for individuals undergoing treatment.

Family Therapy

A form of psychotherapy that aims to address psychological problems by focusing on family dynamics and relationships.