Business, 10.09.2019 01:30, kadenreynolds5
Choose the correct statement(s) below regarding the transfer of financial assets such as receivables: in a transfer of receivables without recourse, the transferee obtains the right to compensation from the transferor for customer accounts that prove to be uncollectible. in a transfer which qualifies as a secured borrowing, the transferor will record a liability for the amount borrowed. under otherwise identical conditions, a transferor will generally pay a higher commission percentage on a receivable sold with recourse versus one sold without recourse.
Answers: 1
Business, 23.06.2019 00:10, gisset9
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
Choose the correct statement(s) below regarding the transfer of financial assets such as receivables...
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