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Q5-O4-offB/S: Which one is false? Generally off-balance sheet financing decreases the usefulness of accounting information Off-balance sheet financing may reduce the total assets and total

Q5-O4-offB/S: Which one is false?

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

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

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

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

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