Which of the following is a chief advantage of factoring of, Financial Management

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Which of the following is a chief advantage of factoring of

Which of the following is a chief advantage of factoring of receivables? Factoring is a cheap way to finance Factoring transfers the risk of default to the factor Factoring lengthens the Operating Cycle Factoring is easily obtainable during economic recessions

a. Factoring is a cheap way to finance

b. Factoring transfers the risk of default to the factor

c. Factoring lengthens the Operating Cycle

d. Factoring is easily obtainable during economic recessions

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