The Notes Receivable Sold to a Bank or Finance Company

question 21

True/False

The notes receivable sold to a bank or finance company to raise finance are called dishonored notes receivable.

---

Definitions:

Task Significance

The degree to which a job has an impact on the lives or work of other people, both within and outside the organization.

Job Characteristics Model

A theory that proposes that a job is satisfying to the extent that it involves skill variety, task identity, task significance, autonomy, and feedback.

Lives Of People

The various experiences, relationships, and events that constitute the existence of individuals in society.

Employee

An individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.