Which Statement Is Correct

question 91

Multiple Choice

Which statement is correct?

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

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Definitions:

Peripheral Route

In the context of persuasion, a method where people are influenced by incidental cues, such as a speaker's attractiveness or message length, rather than argument quality.

Good-Looking Speaker

A speaker who is considered physically attractive, which can influence audience perceptions and reactions.

Factual Basis

refers to a foundation of verifiable facts and evidence that supports a hypothesis, argument, or legal action.

Peripheral Route

A path to persuasion in which an individual is influenced by superficial or peripheral cues rather than the content of the message itself.