Which of the Following Statements Is Correct

question 8

Multiple Choice

Which of the following statements is correct?

• A) The factoring of accounts receivable consists of a series of individual cycles as opposed to a continuous process.
• B) Once a factoring agreement is in force,funds from this source are spontaneous in the sense that an increase in sales will automatically generate additional credit from the factor.
• C) One of the main disadvantages of pledging or factoring is the significant lack of flexibility.
• D) One disadvantage of factoring is that it reduces the need of the selling firm to maintain a credit department.
• E) The cost of pledging and factoring generally is very low and the risk bearing fee is incorporated into the interest rate charged on the unpaid balance of the funds advanced by the factor,which is usually one half of one percent above the prime rate.

Grasp the concept of policy feedback within economic systems.

Assess the implications of elite and popular democratic views on economic policy.

Understand the principles of Keynesian economics, supply-side economics, and their effects on fiscal policy.

Analyze the components and significance of macroeconomic policy.

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Definitions:

Infants

Describes young children, typically under one year of age, who are in the earliest stage of human development.

People Speaking

Involves the communication or dialogue between individuals, highlighting the verbal exchange of ideas and information.

Voices

The sounds produced by humans and animals using their vocal cords, especially when speaking or singing.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, which develops in infants around the age of 8 to 12 months.