Question 3 a. Why do off-balance sheet items hold great significance despite the fact that they are not reflected on the

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answerhappygod
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Question 3 a. Why do off-balance sheet items hold great significance despite the fact that they are not reflected on the

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Question 3
a. Why do off-balance sheet items hold great significancedespite the fact that they are not reflected on the balance sheet?Rationalize your views with an example.
b. How does microfinance align with the wealth maximizationprocess of financial institutions? Give reasons to justify yourviews.
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