Question: Which one is false? a. Off-balance sheet financing may be frequently used by firms who has stronger restrictions on bond covenant. b. Off-balance sheet financing

Which one is false?

a.

Off-balance sheet financing may be frequently used by firms who has stronger restrictions on bond covenant.
b.

Off-balance sheet financing may reduce the total assets and total liabilities on B/S.
c.

Off-balance-sheet financing mostly increases return on assets (ROA)
d.

Generally off-balance sheet financing decreases the usefulness of accounting information

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