Indicate whether each of the following actions is related to

(a) Managing cash needs,

(b) Setting credit policies,

(c) Financing receivables, or

(d) Ethically reporting receivables:

1. Selling accounts receivables to a factor

2. Borrowing funds for short-term needs during slow periods

3. Conducting thorough checks of new customers’ ability to pay

4. Making every effort to reflect possible future losses accurately