The process by which firms package factored receivables as financial instruments or securities and sell them to

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The process by which firms package factored receivables as financial instruments or securities and sell them to investors is known as:

a. credit extension.

b. aging of accounts receivable.

c. bundling.

d. securitization.

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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Question Posted: Jun 07, 2024 01:20 AM

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The process by which firms package factored receivables as financial instruments or securities and sell them to

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Cornerstones Of Financial Accounting

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