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Factoring Review Which of the following is not true about factoring receivables? a. Cash received upon transfer is less than the amount of receivables transferred

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Factoring Review Which of the following is not true about factoring receivables? a. Cash received upon transfer is less than the amount of receivables transferred b. A transfer without recourse means that the transferor bears the risk of the receivables not being collected C A larger loss is recorded by the transferor when receivables are transferred with recourse d. The transferor removes the accounts receivables from its balance sheet Llick to add notes Notes 0 89 89 9 + 40%

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