Pledging Accounts Receivable Has All of the Following Characteristics Except

question 42

Multiple Choice

Pledging accounts receivable has all of the following characteristics except:

• A)money is advanced to the borrower as a loan against accounts receivable
• B)accounts receivable balances are removed from the balance sheet
• C)the customer payment is made to the firm, which then submits the payment to the bank
• D)all of the above are characteristics of pledging

---

Definitions:

Anorexia Nervosa

A psychological condition marked by significantly low body weight, a profound dread of weight gain, and a skewed view of one's body size or form.

Electroconvulsive Therapy

A medical treatment involving the induction of seizures through electrical currents to the brain, primarily used for severe depression.

Implicit Memory

A type of memory that enables us to perform tasks without conscious awareness of the previous experiences that contribute to the knowledge.

Priming Effects

The influence that a prior stimulus has on the response to a later stimulus, often facilitating or altering the response.