Many companies securitized their accounts receivable before the financial crisis of 2008;however,after the financial crisis,this practice largely stopped.

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This statement is true. Before the financial crisis of 2008, securitization of accounts receivable was a popular practice among companies. However, after the crisis, there was a significant decline in this practice due to concerns about the risks involved in securitization.

Many Companies Securitized Their Accounts Receivable Before the Financial Crisis