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

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Definitions:

Betrayed

An act of disloyalty or treachery, violating trust or faith.

George Washington

The first President of the United States (1789-1797), a Founding Father, and the commander-in-chief of the Continental Army during the American Revolutionary War.

Political Harmony

A state of peaceful interactions and cooperative decision-making among different political groups or parties.

Coining Money

The power to produce and regulate currency, typically exercised by a sovereign government or central authority, ensuring a standardized form of money within its jurisdiction.