Accounts Receivable Financing Is the Term Used to Describe Which

question 82

Multiple Choice

Accounts receivable financing is the term used to describe which of the following types of loans which involve either the assignment or the factoring of a firm's accounts receivables?

• A) Secured short-term loan
• B) Unsecured short-term loan
• C) Secured long-term loan
• D) Unsecured long-term loan
• E) Trust receipt loan

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Definitions:

Audience-Centric

An approach that focuses primarily on the needs, interests, and behavior of the target audience, ensuring that content or services are tailored to them.

Sales-Oriented

An approach focusing primarily on the promotion and selling of products or services, often prioritizing short-term sales over building long-term customer relationships.

Tactics

Tactics are the specific actions or strategies employed to achieve a particular goal or objective.

Strategy

Strategy refers to a comprehensive plan designed to achieve specific goals within an organization, business, or project through the effective allocation of resources and coordinated actions.