Factoring is the process of selling accounts ________ for cash.
A) general
B) loanable
C) payable
D) receivable
E) collateral

Name: Factoring is the process of selling accounts ________ for cash. A) general B) loanable C) payable D) receivable E) collateral
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Question

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Factoring involves selling accounts receivable, or the money owed to a company by its customers, in exchange for immediate cash. This helps companies improve their cash flow and effectively outsourcing their collections process.

Factoring Is the Process of Selling Accounts ________ for Cash