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A company records the transfer of accounts receivable as a sale if the transferred assets have been isolated from the transferor the transferee obtains the
A company records the transfer of accounts receivable as a sale if
| the transferred assets have been isolated from the transferor |
| the transferee obtains the right to exchange |
| all of the above conditions are met |
| the transferor can repurchase the transferred assets before their maturity |
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Nessus Network Auditing
Authors: Russ Rogers
2nd Edition
1597492086, 978-1597492089
