Which of the Following Statements Regarding Factoring Is Not True

question 13

Multiple Choice

Which of the following statements regarding factoring is not true?

• A)receivables lending is the process of factoring
• B)factoring is done at a discount to the third-party purchaser
• C)factoring discounts are often a function of the riskiness of the receivables
• D)factoring speeds the inflow of cash to the seller of the receivables

Evaluate the performance of a business using flexible budget analysis.

Understand the process of budgeting for administrative and selling expenses.

Analyze the impact of production volume on budgeted costs and revenues.

Develop skills in financial decision-making based on budget variance analysis.

---

Definitions:

R

A symbol often used to represent resistance in electrical circuits, measured in ohms.

RC Parallel Circuit

An electrical circuit consisting of a resistor (R) and a capacitor (C) connected in parallel with each other.

RC Parallel Circuit

An electrical circuit configuration consisting of resistors (R) and capacitors (C) connected in parallel, affecting current and voltage differently.

R

Symbol commonly used to denote resistance in electrical circuits, measured in ohms (Ω).