The Outsourcing of the Management of Receivables Is Known As

question 24

Multiple Choice

The outsourcing of the management of receivables is known as:

• A) Factoring
• B) Economic order quantity
• C) Credit rating
• D) Receivership

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Definitions:

Importance

The state or fact of being of great significance or value.

Corporate Culture

The shared values, beliefs, and practices that characterize an organization and guide its employees' behaviors.

Shared Values

Fundamental beliefs or principles that are held in common by members of a group, organization, or society, forming the basis for cohesion and collective action.

Organization

An entity comprising multiple people working together with a particular purpose or objective, often structured in a specific way to achieve its goals.