The Form of Short-Term Finance Where Another Entity Takes Over

question 59

Multiple Choice

The form of short-term finance where another entity takes over the firm's debtors' accounts for a payment of around 85% of the accounts balance is known as:

• A)bills receivable.
• B)discounting.
• C)debt factoring.
• D)none of the above.

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Definitions:

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development, which proposes stages through which individuals progress in their moral reasoning.

Product Placement

A marketing strategy where branded goods or services are placed in a context usually devoid of ads, such as movies, TV shows, or news programs.

Advertisement

A public promotion of a product, service, or message designed to attract or inform consumers.

Disclosure

The action of making new or secret information known.