Factored receivables sold without recourse are classified as a liability

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Most toy manufacturers would agree that toys cannot be marketing profitability in countries without commercial television advertising directed toward children. In this scenario, commercial television advertising exemplifies the availability of appropriate __________.

A. personal selling services B. direct mailing services C. demonstrations D. communication channels E. financial aid

Business

If a group life insurance plan is contributory, what minimum percentage of eligible employees must participate?

A) 1 B) 0.6 C) 0.5 D) 0.75

Business