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Bulk Agency Factoring:
In this category factoring is essentially used as a method of financing book debts. In this sort of factoring the client continues to administer credit and keep sales ledger. The factor finances the book debts against bulk either upon recourse or lacking of recourse. This type of factoring became well-liked with the development of consumer durable market where credit management is not a difficulty, but the firms need temporary financial accommodation.
Non-Notification Factoring:
In this sort of factoring customers are not informed regarding the factoring agreement. The factor executes all the usual functions without disclosing to customer which they own the book debts.
Explain the Types of standards The following is the brief description of various types of standards: 1) Basic standards: these are the standards which are assumed to remai
1. If the marginal cost of producing a good is increasing as a firm produces more of the good, then which of the following must be true? a. AFC is rising b. AVC i
Markov Analysis It is a way of analyzing the current movement of some system in an effort to predict the future movement of the same system. There are two elements that must be
Disadvantages of zero base budgeting 1) It is not suitable for all the activities in an organization 2) It has limited application in a profit making organization. In this c
1. Paid $350,000 to purchase furniture and leased it to DEF Corp. for 5 years. DEF agreed to pay $89,955 on July 1 for each of the next 5 years. At the end of the lease term we ex
What is behind the wave of mergers in the banking industry? A: Several economic factors have caused banking institutions to merge over the past several years. These factors inc
Major features of JIT (1) Elimination of non-value added activity: JIT manufacturing can be described as a philosophy of management, dedicate to the elimination of waste. Wa
Explain with examples five areas where linear programming can be applied in Managerial accounting
company jobcosting system
How to calculate POHR for a company
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