In Financing Accounts Receivable,pledging Uses Receivables _______ While Factoring Uses

question 35

Multiple Choice

In financing accounts receivable,pledging uses receivables _______ while factoring uses receivables _________.

• A) as collateral; to purchase
• B) as collateral; to sell
• C) to sell; as collateral
• D) to sell; to purchase

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Definitions:

Merchandise Pricing

The strategy and process of deciding the price at which a product will be sold to consumers.

Alteration Services

Services offered to modify or adjust clothing and other items to fit specific requirements or preferences, often provided by tailors or seamstresses.

Trained Employees

Workers who have been provided with specific skills and knowledge to perform their jobs effectively and efficiently.

Free Delivery

A service where goods are transported from the seller to the buyer at no additional cost to the customer, often used as a marketing strategy to encourage purchases.