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What are true statements about pledging accounts receivable? More than one answer may be correct. Multiple select question. The company pledges its accounts receivable as
What are true statements about pledging accounts receivable? More than one answer may be correct.
Multiple select question.
The company pledges its accounts receivable as collateral.
The company sells its accounts receivable at a discount.
The firm is liable for the total amount of the loan.
Pledging accounts receivable was a popular shortterm loan option during the Great Recession.
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