Selling Accounts Receivable to Obtain Short-Term Funds Is Called

question 265

Multiple Choice

Selling accounts receivable to obtain short-term funds is called

• A) pledging.
• B) factoring.
• C) equity financing.
• D) debt financing.

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Definitions:

Time-sensitive Items

Products that have a limited period during which they remain useful or desirable, often requiring expedited handling and delivery.

Airline Seats

The seating accommodations provided to passengers on an aircraft, categorized by class such as economy, business, or first class.

Cookies

Data files stored on a user's computer by a web browser, often used to remember information about the user's visit to a website.

Computer Files

Digital documents, data, or programs stored on a computer or server, which can be accessed and used by software.