Eliminating borrowing from the Federal Reserve at the end of fiscal year is an example or "window dressing."

Question

Quizplus · Accepted Answer

Window dressing is a term used to describe financial maneuvering that is done to improve the appearance of a company's financial statements. Eliminating borrowing from the Federal Reserve at the end of the fiscal year can be considered an example of window dressing because it can make a company's financial position look stronger.

Eliminating Borrowing from the Federal Reserve at the End of Fiscal