A Company That Factors Its Receivables Will Have a Less

question 28

True/False

A company that factors its receivables will have a less favorable receivable turnover than a company that does not factor.

---

Definitions:

Mobile Device

A portable computing device such as a smartphone or tablet that has wireless internet capabilities.

Flash Memory

A type of non-volatile storage that can be electronically erased and reprogrammed, used in USB drives and SSDs.

Personal Computer

An electronic device designed for individual use, capable of processing data and executing programs for various tasks.

Input

Input refers to the data or signals entered into a system or device which can then be processed or utilized to produce outputs.