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ANSWER ASAP Which of the following is true when accounts receivables are factored without guarantee (without recourse) collectability of receivables. OA The seller assu the
ANSWER ASAP Which of the following is true when accounts receivables are factored without guarantee (without recourse)" collectability of receivables.
OA The seller assu the risk and rewards of OB The seller does not derecognize receivables and reports liability.
OC. The factor assumes the risk and rewards of collectability of receivables.
OD The transfer is considered as a secured borrowing
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