Accounts Receivable May Be Used as a Source of Financing

question 77

Multiple Choice

Accounts receivable may be used as a source of financing by

• A) pledging the receivables as loan collateral.
• B) factoring the receivables to a finance company.
• C) selling securities backed by the receivables.
• D) all of the other answers are correct

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Definitions:

Networker

A person who actively seeks to establish and maintain beneficial business relationships and connections.

Conversational Stance

An approach or attitude taken during communication that fosters open dialogue and understanding, often seen in effective marketing and customer service.

Mentor

An experienced and trusted adviser who provides guidance, support, and advice to less experienced individuals or mentees.

Networking Events

Gatherings specifically designed for the purpose of bringing together people from various professional backgrounds to establish and develop business connections.