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    Financial Accounting Tools Study Set 5
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    Exam 10: Reporting and Analyzing Liabilities
  5. Question
    "Off-Balance-Sheet Financing" Refers to a Situation Where Liabilities Are Recorded
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"Off-Balance-Sheet Financing" Refers to a Situation Where Liabilities Are Recorded

Question 36

Question 36

True/False

"Off-balance-sheet financing" refers to a situation where liabilities are recorded in the income statement instead of the statement of financial position.

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