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Identify a true statement about New York's Elmira Reformatory.
Premium Prices
Premium prices are higher than average prices charged for products or services, often because of perceived superiority in quality or branding.
Accounts Receivable Financing
A secured short-term loan that involves either the assignment or factoring of receivables.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount for immediate cash.
Short-Term Financial Plan
A strategic plan that outlines a company's financial activities and strategies for a short period, typically one year or less, to ensure liquidity and manage cash flows efficiently.
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