The outright sale of accounts receivable to a third party is called?

C

Factoring

C

option ( C ) - Factoring Of A/R

The process of selling account receivables to institutions or individual party for maybe less than their actual value, mostly, is called factoring.

Institutions or individuals purchase them on a lower value than actual , mostly.

THIS DEFINATION IS KNOWN AS "FACTORING". OPTION C

Answer is C

Factoring presicely

Correct answer is C 

c