A Prefix Meaning Toward, or in the Direction Of

question 40

Multiple Choice

A prefix meaning toward, or in the direction of.

• A) ​ex-
• B) ​ad-
• C) ​in-
• D) ​post-

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Definitions:

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but not yet recorded.

Level of Operations

Refers to the scale of production or business activity, indicating the degree to which a company utilizes its resources.

Factoring

Factoring is a financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount, to raise immediate capital.