Factoring as the source of funds is flexible.
Factoring as the source of funds is flexible and ensures a definite pattern of cash inflows from credit sales. It provides security for a debt that a firm might otherwise be unable to obtain.
Formal organisation is rigid in nature while informal organisation is flexible. State true or false.
State True or False. Funds that are directly transferred from one to another account is known as Automated Teller Machine.
Discuss the factors affecting the choice of sources of funds.