Which Statement Is Not Correct

question 95

Multiple Choice

Which statement is not correct?

• A)Factoring with recourse creates a liability on the balance sheet.
• B)Factoring with recourse reduces a current ratio that is >1.
• C)Factoring with recourse negatively impacts working capital.
• D)Factoring without recourse reduces a current ratio that is >1.

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Definitions:

Style of Life

An individual's unique way of expressing their personality and how they relate to the world, often used in Adlerian psychology.

Moral Reasoning

The process by which individuals think through ethical issues and come to a judgement about what is right or wrong.

Cross-Sectional Method

An investigation framework that evaluates data from either an entire population or a subset that represents it, at a certain time.

Longitudinal Method

The longitudinal method is a research approach that involves studying the same group of individuals over a long period of time to observe changes or developments.