Factoring is a form of financing.

payable
receivables
borrowings
debts

The correct answer is: B. receivables.

Factoring is a type of financing that involves selling accounts receivable to a third party, known as a factor. The factor then collects the payments from the customers and pays the business the amount owed, minus a fee. This can be a helpful way for businesses to get cash quickly

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and improve their cash flow.

Option A, payables, are the amounts that a business owes to its suppliers. Option C, borrowings, are the amounts that a business has borrowed from lenders. Option D, debts, are the amounts that a business owes to its creditors.

Factoring is not a form of financing for payables, borrowings, or debts. It is a form of financing for receivables.

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