Does the sale of accounts receivable to generate immediate cash harm or mislead anyone?  Would you consider it an ethical business activity?

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 11CYBK
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Does the sale of accounts receivable to generate immediate cash harm or mislead anyone?  Would you consider it an ethical business activity? 

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