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    Foundations of Financial Management Study Set 2
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    Exam 8: Sources of Short-Term Financing
  5. Question
    Factoring Accounts Receivable, Unlike Pledging Accounts Receivable, Typically Passes the Risk
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Factoring Accounts Receivable, Unlike Pledging Accounts Receivable, Typically Passes the Risk

Question 70

Question 70

True/False

Factoring accounts receivable, unlike pledging accounts receivable, typically passes the risk of loss on the receivable to the buyer.

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