As the new staff person in your companys treasury department, you have been asked to conduct research related to a proposed transfer of receivables. Your supervisor wants the authoritative sources for the following items that are discussed in the securitization agreement. Instructions If your school has a subscription to the FASB Codification, log in and prepare responses to the following. Provide Codification references for your responses.

a.Identify relevant Codification section that addresses transfers of receivables.

b.Provide definitions for the following: 1.Transfer. 2.Recourse. 3.Collateral.