The Primary Advantage That Factoring Accounts Receivable Provides Is [Blank]

question 7

Multiple Choice

The primary advantage that factoring accounts receivable provides is [blank].

• A)the flexibility it gives to the borrower
• B)that the financial institution bears the risk of collection
• C)the low cost as compared with other sources of short-term financing
• D)that the financial institution services the accounts

---

Definitions:

Cost-Of-Living Increases

Adjustments to salaries or wages to offset the impact of inflation on purchasing power.

Job Evaluation

A systematic process used to assess the relative worth of jobs within an organization for the purpose of establishing fair compensation levels.

Private Sector

Part of the economy that is run by individuals and companies for profit and is not directly controlled by the state.