Which of the Following Is True When Accounts Receivable Are

question 90

Multiple Choice

Which of the following is true when accounts receivable are factored without recourse?

• A) The receivables are used as collateral for a promissory note issued to the factor by the owner of the receivables.
• B) The financing cost (interest expense) should be recognized ratably over the collection period of the receivables.
• C) The factor assumes the risk of collectibility and absorbs any credit losses in collecting the receivables.
• D) The transaction may be accounted for either as a secured borrowing or as a sale, depending upon the substance of the transaction.

Describe the impact of stress on physical and mental health.

Understand the concept of psychological hardiness and resilience.

Identify and explain Maslow's theory on self-actualization and how it relates to adjustment.

Distinguish between different types of conflicts and their effects on individuals.

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Definitions:

Gambling Behavior

Activities related to betting and wagering with the risk of losing possessions or money, often examined from psychological and socio-economic perspectives.

Fixed-interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Reinforcement Schedule

A specific pattern that determines how frequently a behavior is reinforced, significantly influencing the learning process and behavior modification.

Work Week

typically refers to the conventional period of work days, usually Monday through Friday, that constitutes full-time employment.