Factoring Accounts Receivable Has All of the Following Characteristics Except

question 16

Multiple Choice

Factoring accounts receivable has all of the following characteristics except:

• A)the borrower sells the receivable
• B)accounts receivable balances are removed from the balance sheet
• C)the customer payment is made to the factor
• D)all of the above are characteristics of pledging

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Definitions:

Sharpen Photo

The process of enhancing the clarity or focus of an image, typically by adjusting the contrast of edge details to make them more distinct.

Rows And Columns

The horizontal rows and vertical columns in a spreadsheet or table that intersect to form cell locations for organizing data.

Table

A collection of data or information organized in rows and columns for easy reference and manipulation.

Change The Tone

The process of altering the mood or style of communication, often to better suit the context, audience, or desired emotional impact.