Which of the following is false about off-balance-sheet activities? They are an important source of income for some large Fls. They never have any value reflected on the balance sheet. They have to be reported in detail in the FFIEC quarterly call report. They have caused billions of dollars of losses in the past few decades Which of the following is false about off-balance-sheet activities? They are an important source of income for some large Fls. They never have any value reflected on the balance sheet. They have to be reported in detail in the FFIEC quarterly call report. They have caused billions of dollars of losses in the past few decades