The process of managing the sales ledger of a client by a financial se – McqOptions

MCQOPTIONS

1.	The process of managing the sales ledger of a client by a financial service company is called factoring
A.	Factoring
B.	Forfaiting
C.	Bill discounting
D.	None of these
Answer» B. Forfaiting

Discussion

No Comment Found

Related MCQs

. this market is dominated by government, banks, and financial institutions.
Indian Financial System consists of financial market, .. and Financial intimidation.
.. can be defined as the market in which financial assets are created or transferred.
Debt instruments are issued by corporate houses for raising short term financial resources from money market are called as ..
appears to have an important role in the restructuring and liquidation of companies that are in distress.
or liberalization aim at creating market oriented competitive financial system.
..banking is the development of banking from commerce which frequently encountered a prolonged intermediate.
An outstanding development in this sphere was the conversion of the
The bonds issued by the DFIs were no longer eligible as .assets for banks.
is keeps the safe custody of the valuables of customers or clients or investors.