Advantage of factoring Account receivable is 1 tranfer risk of receivable to other company 2 increase chance of collection AR 3 all answers correct

Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/02/27

Upvote (0) Views (5) Followers (4) Answers (4) Report Question

by Osama Mohamed, CMA Holder, CFA I Candidate , Chief Accountant , Arabian Co. For Oils & Derivatives

the right answer is no.01 transfer risk of receivables

by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Tranfer risk of receivable to other company

Upvote (1)

by imran Noor - , Audit Officer , Auditor General of Pakistan

Option (3) is the correct option.

Factoring not only transfer risk but also increases chances of collection

by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

3 >>>>>>>>>all answers correct

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