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Accounts Receivable Financing Is the Term Used to Describe Which

Question 8

Multiple Choice

Accounts receivable financing is the term used to describe which one of the following types of loans that involve either the assignment or the factoring of a firm's accounts receivable?


A) Secured short-term loan
B) Unsecured short-term loan
C) Secured long-term loan
D) Unsecured long-term loan
E) Trust receipt loan

Correct Answer:

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