What Event Brought Federal Attention to Elementary School Education

question 44

Multiple Choice

What event brought federal attention to elementary school education?

• A)the Soviet Union launching the world's first satellite
• B)the Civil War
• C)the return of veterans at the end of World War II
• D)the Great Depression

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Definitions:

Working Capital Policy

A company's strategy concerning managing its current assets and liabilities to ensure it has sufficient liquidity to meet its short-term obligations.

Factoring Accounts Receivable

A financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Without Recourse

A financial term indicating that the seller of an asset is not liable if the underlying assets fail to perform as expected.

Maturity Factoring

A form of financing where a business sells its invoices to a factor at a discount for immediate cash, with the collection of funds from customers handled by the factor upon maturity.