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If a company is experiencing cash flow difficulties, it may opt to sell its receivables to a third party to generate cash. This is known as O internal cash controls. O pledging. O factoring. O cash management.

If a company is experiencing cash flow difficulties, it may opt to sell its receivables to a third party to generate cash. This is known as O internal cash controls. O pledging. O factoring. O cash management.

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 2Q
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If a company is experiencing cash flow difficulties, it may opt to sell its receivables to a third party to generate cash. This is known as O internal cash controls. O pledging. O factoring. O cash management.
Transcribed Image Text:If a company is experiencing cash flow difficulties, it may opt to sell its receivables to a third party to generate cash. This is known as O internal cash controls. O pledging. O factoring. O cash management.
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