What Is the Difference Between Pledging Receivables and Assigning Receivables

question 123

Multiple Choice

What is the difference between pledging receivables and assigning receivables.

• A) Pledging involves selling the receivables; assigning involves using the receivables as collateral for a loan.
• B) Receivables are pledged without recourse; receivables are assigned with recourse.
• 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.

Grasp the concept of formula creation, execution, and the importance of starting formulas with the equal sign.

Identify and apply various Excel functions and understand the utility of the Formula AutoComplete feature.

Master the use of Excel's Point mode for selecting cells in formula creation.

Understand Excel's order of operations and function selection mechanisms.

---

Definitions:

Employee

An employee is an individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.

Commingle

To mix or blend funds or assets from different sources, often in a way that makes them indistinguishable.

Personal Funds

Money owned by an individual that is not tied to any business, investment, or other financial obligations, typically used for personal expenses or savings.

Sells House

The act of transferring ownership of a residential property from one party to another, typically through a sale.