Quiz tentang Anjak Piutang

What is meant by factoring?

• Long-term loan

• Sale of fixed assets

• Sale of receivables to third parties

• Cash receivable payment

Who is the party that buys receivables in factoring transactions?

• Client

• Debtor

• Factor

• Customer

In factoring, who is referred to as the client?

• The party that provides credit

• The party that buys receivables

• The party that sells receivables

• The party that sells goods

What is meant by disclosed factoring?

• Unknown factor

• Collection without notification

• Customer is informed that receivables are transferred

• Client is informed about the bill

What is the main benefit of factoring for cash flow?

• Avoiding taxes

• Increasing debt burden

• Smoothening cash flow

• Reducing receivables

The risk of default in factoring means...?

• Receivables not recorded

• Client cancels the contract

• Debtor does not pay

• Factor does not buy

Who performs the collection in factoring?

• Client

• Customer

• Factor

• Lawyer

The main legal basis for factoring in Indonesia is:

• Law No. 10 of 1998

• Law No. 40 of 2007

• Presidential Decree No. 61 of 1988

• Government Regulation No. 23 of 2018

The main reason companies use factoring is:

• Increasing long-term debt

• Buying new fixed assets

• Accelerating cash acquisition

• Reducing production costs

Factoring differs from bank loans because:

• The process is longer

• Requires main collateral

• Involves the sale and purchase of receivables

• Higher interest rates