Which Statement Is Not Correct

question 100

Multiple Choice

Which statement is not correct?

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

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Definitions:

Drug Dependence

A condition in which a person requires a drug to function normally, often accompanied by physical or psychological addiction.

High School Students

Adolescents who are enrolled in a secondary education institution, typically ranging in age from 14 to 18 years.

Cocaine Withdrawal

The range of psychological and physical symptoms that follow the cessation of use of the drug cocaine.

Irritability

A heightened sensitivity to stimulation or an exaggerated response to environmental stimuli, often resulting in emotional or behavioral outbursts.