The Process of a Company Selling Its Accounts Receivable to Another

question 71

Multiple Choice

The process of a company selling its accounts receivable to another company is referred as:

• A)discounting.
• B)adjusting.
• C)assignment.
• D)factoring.

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Definitions:

Special Discounts

Price reductions offered to customers under specific conditions or during certain times.

Corporate Financing

The methods and sources of raising capital for a company’s operations and investments, including debt and equity financing.

Inner City Schools

Educational institutions located in the central parts of major cities, often facing challenges like underfunding and overcrowding.

Public Relations

The professional practice of managing and influencing public perception of an organization or individual to foster a positive image.