Which of the Following Is an Advantage of Factoring

question 50

Multiple Choice

Which of the following is an advantage of factoring?

• A) accounts receivable immediately turned into cash
• B) addition of credit and collection departments
• C) less costly form of secured short-term loans
• D) improves current ratio

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Definitions:

Notify Physician

The act of informing a doctor about a patient's condition or changes in their health status.

Vital Signs

Clinical measurements that indicate the state of a patient’s essential body functions, including temperature, pulse, respiration rate, and blood pressure.

Blood Transfusion Reaction

An adverse response by the body to the transfusion of blood products, which can range from mild allergic reactions to severe complications.

Lactated Ringer's

A solution commonly used for fluid and electrolyte replenishment in medical treatment, containing sodium chloride, sodium lactate, potassium chloride, and calcium chloride in water.