Which of the Following Is INCORRECT Regarding Factoring of Receivables

question 108

Multiple Choice

Which of the following is INCORRECT regarding factoring of receivables?

• A) Factoring usually involves a sale to only one company.
• B) The fees are relatively high.
• C) The quality of the receivables may be lower.
• D) The seller usually continues to service the receivables.

Recognize the symptoms and diagnostic challenges of attention-deficit/hyperactivity disorder (ADHD).

Identify the differences between autism spectrum disorders, communication disorders, and specific learning disorders.

Distinguish between dissociative amnesia, dissociative fugue, and ordinary forgetting.

Understand the factors that contribute to the diagnosis and increased awareness of autism spectrum disorder.

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Definitions:

Credit History

A record of a person's or entity's borrowing and repayment activities, used by lenders to evaluate creditworthiness.

Credit Amount

The total sum of money that can be borrowed by an individual or organization from a lender.

Insta Bank

A digital or online bank providing instant access to banking services primarily through mobile apps.

Smartphone Apps

Software applications designed to run on smartphones, offering a wide range of functionalities from productivity to entertainment.