if financial assets are exchanged for cash or other consideration but the transfer d 604406
If financial assets are exchanged for cash or other consideration, but the transfer does not meet the criteria for a sale, the transferor and the transferee should account for the transaction as a
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Secured borrowing |
Pledge of collateral |
|
a. |
No |
Yes |
b. |
Yes |
Yes |
c. |
Yes |
No |
d. |
No |
No |