The Members of Which of the Following Pairs of Methods

question 3

Multiple Choice

The members of which of the following pairs of methods of accounts receivable financing are most similar?

• A) Assignment of accounts receivable, factoring of accounts receivable without recourse
• B) Factoring of accounts receivable with recourse accounted for as a loan, factoring of accounts receivable with recourse accounted for as a sale
• C) Factoring of accounts receivable without recourse, factoring of accounts receivable with recourse accounted for as a sale
• D) Factoring of accounts receivable without recourse, factoring of accounts receivable with recourse accounted for as a loan

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Definitions:

Reduced

A term often used in chemistry to describe the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.

Oxidized

Describes a process where an atom, molecule, or ion loses electrons, often associated with a gain of oxygen or loss of hydrogen in chemical reactions.

Photophosphorylation

The production of ATP in photosynthesis.

ATP Synthesis

The metabolic process by which cells produce ATP (adenosine triphosphate), the primary molecule used by cells for energy transfer.