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Which of the following terms can be translated as "the path of truth"?
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle.
Payables Financing
A form of short-term borrowing where a company finances its accounts payables through a third party.
Prompt Payment Discount
A discount offered to buyers for paying their invoices early, encouraging faster payments.
Pledged
Assets or collateral that a borrower offers to a lender to secure a loan, which the lender may seize if the loan is not repaid.
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