As a Christian healthcare financial manager when would you feel justified in using the “off the balance” technique

Identify the purpose, components and format of the balance sheet. After reading “Off the Balance Sheet Financing” please find an example of a company that has used “Off the Balance Sheet” (attached) financing to misrepresent a company’s financial condition and what happened to this companyAs a Christian healthcare financial manager when would you feel justified in using this technique?

Don’t answer “never” or “always” without discussing some specific situations in which this technique could be used, explaining your rationale clearly.

APA format with references

off_the_balance_sheet
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The balance sheet is used to indicate where a company stands in terms of its finances at a given period (Kulikova, Garynstev & Gafieva, 2015). The information that is contained in the balance sheet shows how much the company owns regarding assets how much the company owes in terms of credit and how has been invested in………………..