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:

Microblogs

Short-form blogs where users can share brief updates or snippets of information, often on social media platforms.

Business Applications

Software and tools designed to help manage and improve business processes, operations, and productivity.

Social Networking

The utilization of specialized websites and apps to communicate with other users, or to discover individuals who share one's interests.

Microblogs

Short-form blogs or platforms that allow users to publish brief text updates, images, or other media, often used for social networking.