Teaching AWES Army Public School TGT Mock Test 2024 Business Management and Human Resource Management
Which one of the following are correct?
I. Trade credit is a spontaneous source of financing
II. There is no cost of trade credit
III. Factoring with recourse is off Balance Sheet financing
IV. Factoring involves the outright sale of receivables at discount to factor for obtaining funds
1
I II III IV
2
I III IV
3
II III IV
4
I II III