The Selling of Accounts Receivable as a Means of Quickly

question 59

Multiple Choice

The selling of accounts receivable as a means of quickly raising cash, minimising debt collecting expenses and minimising bad debt losses is known as:

• A) ageing of debtors.
• B) debt factoring.
• C) debt diversion.
• D) transfer pricing.

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Definitions:

Normal Curve

A bell-shaped curve that represents the distribution of values, with most occurring around a central region.

T Test

A statistical test for assessing whether the mean scores for two groups are significantly different.

Nonparametric Statistics

Statistics used with data that cannot be assumed to have a normal distribution.

T Test

A statistical test used to compare the means of two groups and determine if they are significantly different from each other.