E-Payment Systems That Require the Payer to Install Specialized Security

question 29

True/False

E-payment systems that require the payer to install specialized security software have proven more likely to succeed.

---

Definitions:

Assignment Of Receivables

The transfer of a company's right to receive money from a debtor to another party.

Accounts Receivable Period

The mean duration a company requires to receive payments from its clients following a sale.

Quarterly Sales

Revenue generated by a company, or the amount of goods/services sold within a specific three-month period.

Accounts Payable Period

The average number of days it takes for a company to pay its invoices from suppliers and creditors.