Selling receivables is called
A) factoring
B) sales revenue
C) a factor
D) sold receivables

Name: Selling receivables is called A) factoring B) sales revenue C) a factor D) sold receivables
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Question

Quizplus · Accepted Answer

Selling receivables is commonly referred to as factoring. Factoring allows companies to convert their accounts receivable into cash immediately, which can improve their cash flow and help them manage their business more effectively.

Selling Receivables Is Called