Factoring Refers To

question 7

Multiple Choice

Factoring refers to:

• A) determining the aging schedule of the firm's accounts receivable.
• B) the sale of a firm's accounts receivable to a financial institution.
• C) the determination of the average collection period.
• D) scoring a customer based on the 5 C's of credit.

---

Definitions:

Stereocilia

Hairlike projections on the surface of certain cells, such as those in the inner ear, involved in mechanosensing.

Dynamic Equilibrium

A state of balance between continuing processes, often referring to the balance of substances in a biological system or to the balance of forces in a mechanical system.

Gelatinous Mass

A jelly-like substance, often found in the body as part of various structures or tissues.

Static Equilibrium

A state where an object is at rest or its center of mass moves at a constant velocity, with no net force acting upon it.