Often Cited Reasons for Using Off-Balance-Sheet Financing Include That This

Often cited reasons for using off-balance-sheet financing include that this accounting technique

A) lowers the cost of borrowing and is inexpensive.
B) lowers the cost of borrowing because borrowers already provide the correct information for reporting purposes.
C) lowers the cost of borrowing and avoids violation of debt covenants.
D) simplifies contracts and improves cash flows.
E) simplifies contracts and lowers the cost of borrowing.