Securitization through the use of a properly structured SPE may result in the following benefits to the company:

I. Remove receivables from the balance sheet.

II$.$ Remove debt from the balance sheet.

III. Lower financing costs.

IV$.$ Recognize gains on the sale of assets to the SPE.

Question $1$ options:

II and III

I and IV

I, II and III

I, II$,$ III and IV