Which of the following is a chief advantage of factoring of, Ask an Expert

Finance

Which of the following is a chief advantage of factoring of recievables?

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

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Financial Management, Finance

Category:- Financial Management
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