Question: Off - balance - sheet financing refers to the practice of Multiple choice question. recording assets and liabilities in a separate accounting journal. intentionally misreporting

Off-balance-sheet financing refers to the practice of
Multiple choice question.
recording assets and liabilities in a separate accounting journal.
intentionally misreporting the assets and liabilities involved in a transaction involving the purchase of long-lived assets.
structuring transactions to keep assets and liabilities off the balance sheet by leasing rather than buying them.

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