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4. One motive for transferring assets to a special purpose entity is to move assets off-balance-sheet. What are the primary benefits for operating companies in
4. One motive for transferring assets to a special purpose entity is to move assets off-balance-sheet. What are the primary benefits for operating companies in obtaining off-balance-sheet treatment for assets?
Please be specific. Please use your own words and do not copy and paste the answer from the test bank (I have it). Thank you.
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Personal Trainer Online Purchase Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Philip E. Fess
8th Edition
