Factoring Occurs When a Business Sells Its Receivables to a Finance

question 70

True/False

Factoring occurs when a business sells its receivables to a finance company or bank.

Recognize the importance of negotiation in communication to clarify message meaning.

Comprehend the impact of communication quality on company performance.

Identify strategies for writing effectively to multilingual audiences.

Appreciate the relevance of etiquette in today’s communication.

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Definitions:

Dimensional-analysis

A process of converting units of measurement to solve problems involving measurements of various dimensions.

Kilometers

A unit of length in the metric system equal to 1000 meters.

Miles

A unit of distance or length measure equal to 5,280 feet or approximately 1.609 kilometers, used mainly in the United States.

Square

A polygon with four equal sides and four right angles; also, the mathematical operation of multiplying a number by itself.