Off-Balance Sheet Financing Occurs When the Liabilities Are Kept Off

question 265

True/False

Off-balance sheet financing occurs when the liabilities are kept off a company's balance sheets such as in the case in a non-current operating lease.

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Definitions:

Inflation

The tempo at which prices for general goods and services ascend, leading to a depreciation in money's buying strength.

Government

The organization or system through which a society or community is ruled, often responsible for creating and enforcing laws, policies, and regulations.

Hyperinflations

Extremely high and typically accelerating inflation rates, leading to a rapid erosion of the real value of local currency.

Inflation Tax

The revenue the government raises by creating money