Which of the Following Is an Example Where Derecognition of a Financial

Which of the following is an example where derecognition of a financial instrument is NOT justified?

A) The contractual rights to cash flows from the financial asset have expired.
B) The entity has transferred the financial asset so that it no longer has control of the asset.
C) Sale of short-term receivables by an entity accompanied by a guarantee to compensate the purchaser for any credit losses that are likely to occur.
D) The entity has transferred the financial asset in such a way that it is no longer subject to the risks and rewards of ownership.