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