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likoan [24]
2 years ago
14

When should a transfer of receivables be recorded as a sale? The buyer surrenders control of the receivables to the seller. The

transferor does not maintain effective control over the transferred assets through an agreement to repurchase or redeem them prior to their maturity. The transferor maintains effective control over the transferred assets through an agreement to repurchase or redeem them prior to their maturity. The transferred assets are isolated from the transferor.
Business
1 answer:
miskamm [114]2 years ago
3 0

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.

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Answer:

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Here, this is not the case. FreshDirect tends to look for out of the box ways to lower supplier cost but "FreshDirect shares warehouse space with farmers and livestock producers" is not one of those ways.

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3 years ago
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abruzzese [7]

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2 years ago
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katen-ka-za [31]

The answer to your question is,

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3 years ago
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Which of the following is a characteristic of a well diversified portfolio?
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c. very little unsystematic risk.

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The second option is also wrong because systematic risk cannot be diversified away.

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The competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.

<h3>What is the competitive capability?</h3>

Competitive capability relates to the unique ability possess by a company over other competitors.

In this case, the Gymtastic possess the competitive capability called Flexibility.

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Read more about Competitive capability

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