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Which of the following statements about factoring accounts receivables is NOT correct? Select one: a. It can be a convenient and nearly costless source of

Which of the following statements about factoring accounts receivables is NOT correct? Select one: a. It can be a convenient and nearly costless source of financing b. It can help a firm accelerate collections of cash c. It can become a spontaneous source of financing d. It can be a flexible source of financing e. All of the above are correct

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