Solved

______________ Financing Creates Separate Legal Entities from the Parent Company

Question 47

Multiple Choice

______________ financing creates separate legal entities from the parent company. Since these entities are not wholly owned subsidiaries they can be hidden from the investors by keeping the entities off the financial statements.


A) Off-balance sheet
B) Off-shore
C) Cookie jar
D) Virtual

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions