Factored Receivables Sold Without Recourse Are Classified as a Liability

question 29

True/False

Factored receivables sold without recourse are classified as a liability.

---

Definitions:

Epigenetic Marks

Modifications to the genome that affect gene expression without changing the DNA sequence itself.

Binge-Eating Disorder

A serious eating disorder characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort.

High Calorie Foods

Foods that are dense in calories, often containing high levels of fat or sugar and contributing to weight gain if consumed excessively.

Guilty

The state of being responsible for committing a specified or implied offense or crime, legally or morally.