Which Statement Is Not Correct

question 95

Multiple Choice

Which statement is not correct?

• A)Factoring with recourse creates a liability on the balance sheet.
• B)Factoring with recourse reduces a current ratio that is >1.
• C)Factoring with recourse negatively impacts working capital.
• D)Factoring without recourse reduces a current ratio that is >1.

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Definitions:

Cognitive Development

The process by which individuals acquire and evolve their thinking skills, understanding, and problem-solving capabilities throughout the lifespan.

Gradual Changes

Slow and incremental adjustments or transformations over time.

Imperceptible Changes

Alterations that occur so gradually or subtly that they are not readily noticed.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing fetus while removing waste products from the fetus's blood.