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NEW QUESTION: 1
Factoring is the:
A. Selling of accounts receivable by one entity to another.
B. Adjustment of inventories on financial statements for supplies that have become obsolete.
C. Selling of inventory by one entity to another.
D. Conversion of accounts receivable to bad debt on financial statements for accounts that are long overdue.
Answer: A
Explanation:
A factor purchases an entity's accounts receivable and assumes the risk of collection. The seller receives money immediately to reinvest in new inventories. The financing cost is usually high: about 2 points or more above prime, plus a fee for collection. Factoring has been traditional in the textile industry for years, and recently companies in many industries have found it an efficient means of operation. An entity that uses a factor can eliminate its credit department, accounts receivable staff, and bad debts. These reductions in costs can more than offset the fee charged by the factor, which can often operate more efficiently than its clients because of the specialized nature of its service.
NEW QUESTION: 2
HOTSPOT
You create the following program to locate a conference room and display the room name. Line numbers are included for reference only.
Colleagues report that the program sometimes produces incorrect results.
You need to troubleshoot the program. Use the drop-down menus to select the answer choice that answers each question based on the information presented in the code segment.
Answer:
Explanation:
References:
https://www.w3resource.com/python/python-data-type.php
https://www.w3resource.com/python/python-if-else-statements.php
NEW QUESTION: 3
Attackers footprint target Websites using Google Hacking techniques. Google hacking is a term that refers to the art of creating complex search engine queries. It detects websites that are vulnerable to numerous exploits and vulnerabilities. Google operators are used to locate specific strings of text within the search results.
The configuration file contains both a username and a password for an SQL database. Most sites with forums run a PHP message base. This file gives you the keys to that forum, including FULL ADMIN access to the database. WordPress uses config.php that stores the database Username and Password.
Which of the below Google search string brings up sites with "config.php" files?
ECCouncil 312-50: Practice Exam
A. Wordpress:index config.php
B. intitle:index.of config.php
C. Search:index config/php
D. Config.php:index list
Answer: B
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