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

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Definitions:

Repress

To block off memories that may cause pain, embarrassment, or guilt.

Experiences

Life events or activities that a person goes through, contributing to their knowledge, skills, and personal development.

Peak Communications

Peak Communications describes moments of optimal interaction, where communication is exceptionally clear, meaningful, and effective.

Empathy

The ability to understand and share the feelings of another.