Which of the Following Is Not a Requirement for Recognizing

Multiple Choice

Which of the following is not a requirement for recognizing that a transaction can be recorded as a sale of receivables?

A) The factor discounts the amount remitted to the seller.
B) The selling company does not maintain effective control over the receivables.
C) The factor has the ability to pledge the receivables.
D) The receivables are isolated from the selling company.