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    Business
  3. Study Set
    Financial Reporting
  4. Exam
    Exam 8: Receivables
  5. Question
    When Receivables Are Bundled Together and Transferred to Another Organization
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When Receivables Are Bundled Together and Transferred to Another Organization

Question 62

Question 62

Multiple Choice

When receivables are bundled together and transferred to another organization that issues securities collateralized by the transferred receivables,the arrangement is


A) collateralization.
B) discounting.
C) factoring.
D) securitization.

Correct Answer:

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