निम्नलिखित में से कौन सा परिवर्तन किसी व्यवसाय के लिए ऑपरेटिंग वर्किंग कैपिटल चक्र को प्रभावी ढंग से कम करेगा?

Consider the following statements regarding factoring as a tool for working capital management: 1. In undisclosed factoring, the debtor is not informed about the assignment of the receivable, and the seller collects the money as an agent for the factor. 2. Recourse factoring is cheaper for the seller because the factor does not charge a premium for taking on the bad debt risk. 3. The Factoring Regulation Act 2011 specifies that a factor must be a company, a body corporate, a firm, an association of individuals, or an individual registered under the Act. Which of the statements given above are correct?