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If You Wanted Help in Finding Sources of Information, a Circulation

question 71

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If you wanted help in finding sources of information, a circulation librarian would be the best resource.


Definitions:

Factoring Costs

Expenses associated with selling accounts receivable to a third party, commonly referred to as a factor, to improve cash flow.

Accounts Receivable

Accounts receivable refers to the money owed to a company by its customers or clients for goods or services delivered but not yet paid for.

Credit Sales

Sales where payment is not made immediately by the buyer, but under terms and conditions agreed upon by the seller and the buyer.

Factor

An element contributing to a particular result or situation.

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