So explain the difference between these 3 things:

Factoring receivables with recourse: Without Recourse, and assignments. Also what do we have to disclose for these things?

and

What is meant by the discounting of a note receivable? Describe the four-step process used to account for discounted notes. What are the key variables that influence a companys investment in receivables? Describe the two ratios used by financial analysts to monitor a companys investment in receivables.