Which one of the following is a method of converting a non-productive, inactive asset (i.e. receivable) into a productive asset (viz. cash) by selling receivables to a company that specializes in their collection and administration?

1
Bills discounting 
2
Underwriting 
3
Guaranteeing  
4
Factoring 

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation