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Off-the-balance-sheet financing transactions means that Select one: a. Capital budgets are properly authorized and approved. b. Obligations and commitments are recorded only in the statement

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"Off-the-balance-sheet" financing transactions means that Select one: a. Capital budgets are properly authorized and approved. b. Obligations and commitments are recorded only in the statement of cash flows. c. Obligations and commitments are not recorded in the accounts of the company d. Obligations and commitments are recorded only in the income statement accounts

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