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Discuss the fourth amendment.
Calendar Year
The period from January 1st to December 31st, used for financial and administrative purposes.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount to obtain immediate cash.
Accounts Receivables
Liabilities of customers towards a business for commodities or assistance that have been executed or utilized, waiting to be paid.
Collecting Accounts
The process of managing the collection of revenues or receivables from clients or customers.
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