FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Which of the following is not an advantage of establishing a special purpose entity (SPE)?
O a. avoiding consolidation
O b. low cost of financing
O c. use of governing agreements to restrict the SPE's activities
O d. can currently be used as a way to provide off balance sheet financing
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