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    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
  5. Question
    Factoring Involves the Sale of Accounts Receivable by the Firm
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Factoring Involves the Sale of Accounts Receivable by the Firm

Question 46

Question 46

True/False

Factoring involves the sale of accounts receivable by the firm that originally generated the receivables.

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