The Factoring of Receivables

question 147

Multiple Choice

The factoring of receivables:

• A)had its origins in the textile industry but now extends over a wide range of industries
• B)is especially suited to the heavy durable goods industries
• C)has now been largely replaced with other types of financing
• D)places special risk on the firm whose receivables are being factored

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Definitions:

Proposals

Documents or presentations offering a plan or suggestion, particularly in a business or project context, for consideration or action by others.

Particular-To-General

An approach or method of reasoning that starts with specific observations or instances and then draws general conclusions or principles from them.

Larger Issues

Refers to more significant or complex problems, concerns, or matters that require attention and resolution.

Transitions

The process or period of changing from one state or condition to another.