Question: Recognizing the rights and obligations under all executory contracts (for example. leases, purchase commitments, employment contracts) would eliminate a major means of off-balance-sheet financing. How

Recognizing the rights and obligations under all executory contracts (for example. leases, purchase commitments, employment contracts) would eliminate a major means of off-balance-sheet financing.” How might such an action confuse and possibly mislead financial statement users?

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