As Established, the Purpose of the Security Council Is to

question 42

Multiple Choice

As established, the purpose of the Security Council is to

• A) prevent conflict in the world by performing deterrent, peacekeeping, and negotiating functions.
• B) distribute wealth from the rich to the poor countries.
• C) protect the interests of the industrialized countries of the world.
• D) create and sustain a large, though ineffective, UN bureaucracy.

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Definitions:

Cost Of Goods Sold

The direct financial outlays for creating goods sold by a company, covering materials and labor.

Cash Cycle

The time it takes for a company to convert its investments in inventory back into cash, encompassing the entire sales and payments process.

Factoring Receivables

The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount to obtain immediate cash.

Blanket Inventory Lien

A secured interest over all of the inventory of a borrower, granting the lender the right to seize inventory in the event of non-payment.