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Since Pledged Accounts Receivables Only Serve as Collateral for a Loan

question 84

True/False

Since pledged accounts receivables only serve as collateral for a loan and are not sold, it is not necessary to disclose the pledging.


Definitions:

Native Ads

Advertising content that matches the form and function of the platform on which it appears, blending in with natural content to provide a less intrusive experience.

Disclosures

The act of making new or important information known, typically relevant in legal and financial contexts to ensure transparency and honesty.

Climate Change

The long-term alteration of temperature and typical weather patterns in a place, largely attributed to human activities such as burning fossil fuels.

Greenhouse Gases

Gases that trap heat in the atmosphere, contributing to the greenhouse effect and global warming, including carbon dioxide and methane.

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