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Which of the following is not a benefit to factoring receivables? Multiple Choice a. It allows the seller to receive cash earlier. b. It passes

Which of the following is not a benefit to factoring receivables?

Multiple Choice

a. It allows the seller to receive cash earlier.

b. It passes ownership of the receivables to the factor.

c. There are no fees for factoring.

d. The seller avoids the cost of billing and accounting for receivables.

e. It can pass the risk of bad debts to the factor.

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