What Entity Buys Clients' Accounts Receivable and Advances Money to the Client

question 31

Multiple Choice

What entity buys clients' accounts receivable and advances money to the client?

• A) receivables exporting house
• B) financing house
• C) forfeiting house
• D) factoring house

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Definitions:

Bar Chart

A visual representation of data where each category is represented by a bar, whose length reflects the category's value.

Illustrating Data

The process of visually presenting data, often through charts, graphs, or diagrams, to help explain or understand patterns and relationships.

Pie Chart

A circular statistic graphic, which is divided into slices to illustrate numerical proportion. Each slice represents a category's contribution to the total.

Line Graph

A type of chart used to display information as a series of data points connected by straight line segments, often to show trends over time.