Off-Balance Sheet Financing

Off-balance sheet financing

A) requires a company to disclose information about the debt in the financial statement footnotes and include the debt in the stockholders' equity (rather than the liability) section of the balance sheet.
B) makes a company's financial position appear to be of higher quality than it actually is.
C) is in violation of generally accepted accounting principles.
D) confines all debt information to the income statement and statement of cash flows.
E) refers to debt that is non-interest-bearing.