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  3. Study Set
    Financial Accounting Tools Study Set 4
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    Exam 8: Reporting and Analyzing Receivables
  5. Question
    A Factor Buys Receivables from Businesses for a Fee and Collects
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A Factor Buys Receivables from Businesses for a Fee and Collects

Question 129

Question 129

True/False

A factor buys receivables from businesses for a fee and collects the payment directly from customers.

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