Which Statement Is Not Correct

question 43

Multiple Choice

Which statement is not correct?

• A)Factoring with recourse creates a liability on the balance sheet.
• B)Factoring with recourse creates a receivable on the balance sheet.
• C)Factoring without recourse negatively impacts working capital.
• D)Factoring without recourse means that the seller takes the collection risk.

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Definitions:

Suicide

Intentionally taking one's own life.

Roadside Memorials

Spontaneously created markers at the site of fatal accidents, often featuring flowers, photos, and personal mementos, to honor the deceased.

Themes

The underlying subjects or concepts that are explored in a work of literature, art, or music.

Alienation

A state of estrangement or disconnection from people, society, or oneself.