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The Rules That Regulate and Govern the Internal Operations of a Corporation

question 459

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The rules that regulate and govern the internal operations of a corporation are known as:


Definitions:

Factoring Of Receivables

The sale of a business's accounts receivable to a third party, at a discount, for immediate cash.

Accounts Receivable Period

The typical duration for an enterprise to gather owed payments from its customers.

Sale Of Inventory

The process of selling the goods that a business has produced or bought to its customers.

Receipt Of Inventory

The process of acknowledging or taking in goods received, usually marking the physical arrival of stock in a business.

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