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1) What is meant by Factoring of Accounts Receivables? 2) List 3 advantages of Factoring...

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Accounting

1) What is meant by Factoring of Accounts Receivables?

2) List 3 advantages of Factoring

3) List 3 disadvantages of Factoring

4) List 3 Factors in the USA.

5) If you are a company that factors your receivables, would you prefer "recourse" or "non-recourse" factoring? Explain your choice.

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