Questions 61 – 70 refer to the following passage

Why has factoring increased as a practice in countries around the world?

• it has a common language

• it attracts investors to foreign countries

• it addresses a problem with credit

• it requires a large amount of land

What does the word “capital” in paragraph 1 mean?

• finance

• principle

• important

• knowledgeable

What does the term “default” in the nearest paragraph 2 mean?

• not required

• not returned

• not known

• not lent

What are the benefits of reverse analysis?

• it almost completely eliminates risk from trading

• it is not related to exchanging money

• it can be done on a boat or other sailing vessel

• it can be performed by anyone, regardless of income

How does reverse factoring differ from traditional factoring?

• Both suppliers and factors may encounter risks.

• Factors purchase receivables from suppliers.

• Suppliers receive cash directly from buyers.

• Suppliers can receive money from factors that have contracts with buyers.

What does the word “lỏng” in paragraph 4 mean?

• accessible

• wet

• complex

• thin

In reverse factoring, after the factor pays the supplier a percentage of the order amount

• the supplier officially enters the factor's system

• the buyer pays the factor for the order

• the supplier delivers to the buyer

• the factor contracts with the buyer

The phrase “all three parties” in paragraph 5 refers to

• bank, factor, buyer

• factor, bank, supplier

• supplier, bank, product

• factor, buyer, supplier

Why does the author mention the benefits of reverse analysis for the factors in paragraph 6?

• to prove that there is no strong relationship between the role in reverse analysis transactions and the benefits received

• to show that the factor benefits more from reverse analysis than the supplier or the buyer

• to support the topic sentence of the paragraph stating that all three parties benefit from reverse analysis

• to connect the concept of close analysis more with reverse analysis

Which of the following can be inferred from the passage?

• There are many ways to finance purchases from suppliers.

• A factor must be qualified beforehand to borrow money from suppliers.

• Reverse analysis only works in European countries.

• Smaller suppliers are more likely to access credit than smaller buyers.