Which of the Following Is Not an Off-Balance-Sheet Item

question 29

Multiple Choice

Which of the following is not an off-balance-sheet item?

• A)Purchase commitment
• B)Capitalized lease
• C)Loan commitment
• D)Synthetic lease

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Definitions:

Simple Action Words

Words that describe or indicate an action that is straightforward and uncomplicated, often used in early language development.

Secondary Sex Characteristics

Features that distinguish the two sexes from each other but are not directly involved in reproduction, such as breast development in females and facial hair in males.

Puberty

The developmental stage during which children mature sexually and physically, becoming capable of reproduction.

Muscular

Relating to or affecting the muscles or the physical strength and power provided by muscles.