Swap agreements are treated as off-balance sheet transactions via U.S. accounting methods.

Question

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Swap agreements are generally treated as off-balance sheet transactions under U.S. Generally Accepted Accounting Principles (GAAP). This means they are not recorded on a company's balance sheet, but may be disclosed in footnotes or other financial statements. However, it's important to note that there are some exceptions and nuances to this treatment depending on the specific details of the swap agreement and the company's accounting practices.

Swap Agreements Are Treated as Off-Balance Sheet Transactions Via U