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.

---

Definitions:

Ethanol

The variety of alcohol used in beverages.

Vinegar

A liquid produced from the fermentation of ethanol, characterized by its acidic taste and used for culinary and cleaning purposes.

Fetal Alcohol Syndrome

A condition in infants resulting from alcohol exposure during the mother's pregnancy, leading to physical and cognitive development problems.

Cirrhosis

A liver disease resulting in the production of nonfunctional scar tissue.