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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
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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