Question: What is off - balance sheet financing? It is a violation of GAAP because it is not disclosing a company / s bankruptcy. It is
What is offbalance sheet financing?
It is a violation of GAAP because it is not disclosing a companys bankruptcy.
It is an intentional effort by a company to structure its financing arrangements to awoid showing libilities on its balance theet.
It is a method to increase the debt to assets ratio by moving liabilities to international territories.
It is a strategy where liabilities are recorded on the income statement as expenses rather than liabilities on the balance sheet.
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