When a Business Factors Its Accounts Receivables,the Business ________

question 87

Multiple Choice

When a business factors its accounts receivables,the business ________.

• A) uses the receivables as security for a loan
• B) no longer has to deal with the collection of the receivables from the customers
• C) receives the total amount of the receivables from the factor
• D) receives cash, less an applicable fee, after the factor collects from the customers

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Definitions:

Intrinsic Motivation

The drive to perform an action for its own sake and personal reward, rather than for some external reward or pressure.

Maintenance Factors

Elements that contribute to the upkeep and preservation of a system, equipment, or facility to ensure its optimal performance.

Herzberg's Theory

A motivational theory that suggests job satisfaction and dissatisfaction arise from two different sets of factors: motivators and hygiene factors.

Job Design

The process of organizing work into tasks and responsibilities to improve employee satisfaction, productivity, and effectiveness within an organization.