What is the difference between pledging receivables and assigning receivables.

A) Receivables are pledged without recourse; receivables are assigned with recourse.

B)Pledging involves selling the receivables; assigning involves using the receivables as collateral for a loan.

C) Receivables are pledged with recourse; receivables are assigned without recourse.

D) There is no difference; these are two terms for the same type of financing arrangement.