Lalawhite1173 Lalawhite1173

07-02-2020
Business

contestada

Off-balance-sheet activities consist of issuing financial instruments such as various types of guarantees and engaging in derivative trading to generate additional revenue.True or False

Respuesta :

eooyibo123 eooyibo123

10-02-2020

Answer:

True

Explanation:

Off balance sheet items are transactions that generate fees for the business (such as guarantees), and to hedge against future loss (such as futures investments).

Meaning assets and liabilities that are deferred or contingent to business success.

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