A firm needs spare cash because during economic downturns, sales may fall below expectations while outflows could prove higher than was budgeted. Firms sell their accounts receivable at a discount for the purpose of:

Under the Revised Model Business Corporation Act, which of the following items of information must be included in a corporation's articles of incorporation (charter)?

A. Name and address of each preincorporation subscriber. B. Nature and purpose of the corporation's business. C. Name and address of the corporation's incorporator. D. Election of either C corporation or S corporation status.

Transaction processing and management reporting tend to fit big data databases better than relational databases

Indicate whether the statement is true or false