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.

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Definitions:

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An intrusive and persistent thought, urge, or image that causes distress and can interfere with normal functioning.

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