Business, 01.11.2019 05:31, dbzrules02

Which of the following is not true about factoring receivables? a. cash received upon transfer is less than the amount of receivables transferred b. a transfer without recourse means that the transferor bears the risk of the receivables not being collected c. a larger loss is recorded by the transferor when receivables are transferred with recourse d. the transferor removes the accounts receivables from its balance sheet

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Which of the following is not true about factoring receivables? a. cash received upon transfer is l...