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Describe the procedures of accounts receivable financing according to the number
Describe the procedures of accounts receivable financing according to the number
游客
2025-06-19
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管理
问题
Describe the procedures of accounts receivable financing according to the numbers given in the following charter. Write your answer on the ANSWER SHEET.
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答案
①The company delivers goods to the customer.
②The customer purchases goods on open account from the company.
③The company sells accounts receivable to the factor.
④The company acquires cash from the factoring accounts receivable.
⑤The customer makes payment of the accounts receivable to the factor.
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