Which of the Following Statements Is False

question 10

Multiple Choice

Which of the following statements is false?

• A) If a factoring arrangement is with recourse, the factor will pay the firm the amount due regardless of whether the factor receives payment from the firm's customers or not.
• B) In a factoring of accounts receivable arrangement, the firm sells receivables to the lender (i.e., the factor), and the lender agrees to pay the firm the amount due from its customers at the end of the firm's payment period.
• C) Businesses can also obtain short-term financing by using secured loans, which are loans collateralized with short-term assets-most typically the firm's accounts receivable or inventory.
• D) Both the interest rate and the factor's fee vary depending on such issues as the size of the borrowing firm and the dollar volume of its receivables.

---

Definitions:

Artist's Hand

Refers to the unique techniques, style, and influence an artist applies to their work, making their creations distinguishable and personal.

Madonna of the Rocks

A famous painting by Leonardo da Vinci that features the Virgin Mary, infant Jesus, John the Baptist, and an angel in a rocky setting.

Compositional Technique

The method and practice used in the creation of artistic works, especially concerning the arrangement of elements within a work of art or piece of music.

Pyramidal Grouping

In visual arts, pyramidal grouping is a compositional technique where figures or elements are arranged in a pyramid shape to create a sense of harmony and focus.