An Arrangement Where Receivables Are Sold to Another Company for Immediate

question 188

Multiple Choice

An arrangement where receivables are sold to another company for immediate cash is called:

• A)factoring.
• B)leasing.
• C)depreciating.
• D)Renting.

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Definitions:

System Requirements

The specified configuration of hardware and software needed for a software application or product to operate correctly.

Freeware

Software that is available for use at no cost, often distributed for personal or limited use without requiring payment or licensing fees.

Open Source

Pertaining to software for which the original source code is made freely available and may be redistributed and modified.

Beta Version

A pre-release version of software that is given out to a large group of users to trial under real conditions and identify bugs before the final release.