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

---

Definitions:

RNA Strand

A single-stranded molecule in cells that transcribes genetic information from DNA and is involved in protein synthesis.

Genetic Code

The set of rules by which information encoded in genetic material (DNA or RNA sequences) is translated into proteins by living cells.

Universal

Something that is widespread or applicable in all cases, common to all people or situations without exception.

Common Ancestor

The most recent individual from which all organisms in a group are directly descended.