Selling accounts receivable at a discount to a collection agency is part of a company's cycle billing plan.

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Selling accounts receivable at a discount to a collection agency is a form of factoring and is not a part of a company's cycle billing plan. Cycle billing is a process of dividing the billing cycle into smaller parts and billing customers at different times throughout the cycle, which can help with cash flow management.

Selling Accounts Receivable at a Discount to a Collection Agency