Factoring Is One of the Options Available to a Business

question 106

True/False

Factoring is one of the options available to a business to reduce the risk of uncollectible accounts receivable.

---

Definitions:

Gambling

Wagering money or something of value on an outcome that is largely determined by chance.

Idiot

Used historically in psychology to describe a person with profound intellectual disability, the term is now considered derogatory and outdated.

Credible Support

Evidence or backing that is trustworthy and reliable, enhancing the validity of a claim or argument.

Testimony

An oral or written statement where someone shares information or evidence based on their personal knowledge or experience.