When a business enterprise enters into what is referred to as off-balance-sheet financing, the company:
A. is in violation of generally accepted accounting principles.
B. is attempting to conceal the debt from shareholders by having no information about the debt included in the balance sheet.
C. can enhance the quality of its financial position and perhaps permit credit to be obtained more readily and at less cost.
D. wishes to confine all information related to the debt to the income statement and the statement of cash flow.