Factoring Is an Option Available to a Business to Reduce

question 193

True/False

Factoring is an option available to a business to reduce the risk of uncollectible accounts receivable.

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Definitions:

Potassium Nitrate

A chemical compound with the formula KNO3, used as a fertilizer, in food preservation, and in the manufacture of gunpowder.

TNT

Trinitrotoluene, a chemical compound used as an explosive, recognized by its chemical formula C7H5N3O6.

Carbon Atoms

The basic building blocks of most organic compounds, each consisting of six protons, six electrons, and a varying number of neutrons.

Oxidize

A chemical reaction in which a substance loses electrons or hydrogen, often involving the addition of oxygen or the removal of hydrogen.