The Process of a Company Selling Its Accounts Receivable to Another

question 71

Multiple Choice

The process of a company selling its accounts receivable to another company is referred as:

• A)discounting.
• B)adjusting.
• C)assignment.
• D)factoring.

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Definitions:

Tether

A method to share a device's internet connection with other devices, typically through USB, Bluetooth, or Wi-Fi, effectively turning the device into an internet access point.

P2P Network

A decentralized network architecture where each participant, or peer, shares part of their resources directly with other peers without requiring central coordination by servers.

Network Operating System

Software that manages network resources and enables multiple computers to communicate, share files and hardware resources, and provide services to each other over a network.

Specialized Software

Software designed for a specific task or industry, offering features and functionalities unique to its intended purpose.