Managers Frequently Cite Which of the Following Reason(s) for Using

Managers frequently cite which of the following reason(s) for using off-balance sheet financing?

A) Some managers believe that it might lower the cost of borrowing.
B) Lower borrowing costs might result if lenders ignore off-balance-sheet financing.
C) Lower borrowing costs might result if lenders are unaware of off-balance sheet financing: because borrowers do not disclose it.
D) Off-balance-sheet financing might lead lenders to set interest rates for loans lower than the underlying risk levels warrant.
E) all of the above