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Which of the following is a chief advantage of factoring of receivables? Factoring is a cheap way to finance Factoring transfers the risk of default to the factor Factoring lengthens the Operating Cycle Factoring is easily obtainable during economic recessions

a. Factoring is a cheap way to finance

b. Factoring transfers the risk of default to the factor

c. Factoring lengthens the Operating Cycle

d. Factoring is easily obtainable during economic recessions

Financial Management, Finance

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