Factoring is the process ofa. determining the percentage of accounts receivable expected to be collected. b. selling accounts receivable at a discount to another party. c. determining the average collection period. d. determining the allowance for doubtful accounts value.

B) Selling accounts receivable at a discount to another party

Explanation:

Factoring is the process of selling the account receivables or invoices to a third party, at a discount. A company may engange in factoring when it is need of cash, and does not expect to be paid for the invoices soon enough.