Answer:
The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.
Explanation:
The code for transfer of receivable provisions, allows creditor of a debt to have the right to transfer his/ her receivable right to another person, provided that the transaction is permitted by the law/ contract nature of business. Transfer of receivables permit the third person/ party to be included in the relationship that exist between debtor and creditor, and this allows him/ her to near the title of creditor.The receivable must be an existing one before the receivable transfer can be possible. It should be noted that for transfer of receivables be recorded as a sale, The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.
Answer:
<em>Total cost of product using the Activity-Based costing</em>
Particulars Amount
Material cost $10
Labor cost $15
Overheads cost under ABC <u>$16</u>
Total cost of product <u>$41</u>
The special tax was called J<span>izya.</span>
Explanation:
Provide an outline of the material and how it will be presented.
is the correct answer .
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