Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

1 Views

Factoring vs

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of factoring for a business?

To increase assets

To decrease liabilities

To increase profit

To meet present and immediate cash needs (correct)

What is another term commonly used to refer to factoring?

Accounts receivable financing (correct)

Invoice discounting

Debtor finance

Asset-based lending

What is the difference between factoring and invoice discounting in the United States?

Factoring and invoice discounting are the same

Factoring involves selling invoices at a discount, while invoice discounting involves lending against accounts receivable (correct)

Factoring involves lending against accounts receivable, while invoice discounting involves selling invoices at a discount

Factoring is called an assignment of accounts receivable, while invoice discounting is not

What is Forfaiting in the context of international trade finance?

A factoring arrangement used by exporters to sell their receivables Signup and view all the answers

What is the role of the Commercial Finance Association?

It is the leading trade association of the asset-based lending and factoring industries Signup and view all the answers

What is a von Neumann algebra?

A *-algebra of bounded operators on a Hilbert space that is closed in the weak operator topology and contains the identity operator Signup and view all the answers

Who introduced von Neumann algebras?

John von Neumann Signup and view all the answers

What does the double commutant theorem show in regards to von Neumann algebras?

That the analytic definition is equivalent to a purely algebraic definition as an algebra of symmetries Signup and view all the answers

What is an example of a commutative von Neumann algebra?

The ring $L^{\infty }(\mathbb {R} )$ of essentially bounded measurable functions on the real line Signup and view all the answers

What do the elements of the commutative von Neumann algebra $L^{\infty }(\mathbb {R} )$ act as?

Multiplication operators by pointwise multiplication on the Hilbert space $L^{2}(\mathbb {R} )$ Signup and view all the answers