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A Value-Chain Partnership Is a Type of Conglomerate

question 60

True/False

A value-chain partnership is a type of conglomerate.


Definitions:

Aging Schedule

A compilation of accounts receivable by the age of each account.

Accounts Receivable

Funds that customers owe to a company for products or services already provided but not yet compensated for.

Credit Extension

The act of a lender increasing the amount of credit available to a borrower or the period over which repayment can be spread.

Receivables Financing

A type of financing in which a company uses its accounts receivable as collateral to secure a loan.

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