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When should a transfer of receivables be recorded as a sale? A. The transferred assets are isolated from the transferor. B. The transferor does not
When should a transfer of receivables be recorded as a sale? A. The transferred assets are isolated from the transferor. B. The transferor does not maintain effective control over the transferred assets through an agreement to repurchase or redeem them prior to their maturity. C.The transferee cannot pledge or exchange the transferred assets. D. the buyer surrenders control of the recievables to the seller.
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