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Question 5 15 pts Q5-04-offB/S Which one is false? Generally off-balance sheet financing decreases the usefulness of accounting information Off-balance sheet financing may reduce the

Question 5 15 pts Q5-04-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) o Off-balance sheet financing may be frequently used by firms who has stronger restrictions on bond covenant

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