One Major Advantage of Factoring Accounts Receivable Is That the Selling

question 88

True/False

One major advantage of factoring accounts receivable is that the selling firm receives money from its accounts receivable faster than if it waited until the customers paid.

---

Definitions:

Voluntary Control

The ability to consciously regulate bodily movements or actions through the nervous system.

Epiglottis

A flap of cartilage at the root of the tongue, which is depressed during swallowing to cover the opening of the windpipe.

Uvula

A small fleshy extension at the back of the soft palate which hangs above the throat and plays a role in speech and swallowing.

Upper Esophageal Sphincter

The muscular ring located at the top of the esophagus that controls the passage of food into the esophagus from the throat.