Which of the Following Is NOT an Advantage of Factoring

question 8

Multiple Choice

Which of the following is NOT an advantage of factoring?

• A) Known cash flows are generated
• B) Accounts receivable is turned into cash without delay
• C) The credit and collection department of a company may be eliminated
• D) The cost of financing is relatively high

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Definitions:

Physical Condition

The state of someone's or something's body or physical structure, often implying a level of health or fitness.

Stressful Situations

Scenarios that cause stress or anxiety, often requiring careful handling or adaptation.

Art Of Negotiation

The skillful practice of reaching mutually beneficial agreements or resolving disputes, involving techniques such as persuasion, strategic planning, and compromise.

Large Businesses

Corporations or enterprises that operate on a vast scale, often with extensive resources, employees, and market reach.