How literal is this phrase?

Sample examples at http://tinyurl.com/is-it-lit

balance sheet:

Definitions:

  1. a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets

Examples:

  1. in the Enron Corp. ' s partnerships which were not even entered on Enron 's balance sheet because derivatives are still unregulated and do n't have to be reported . And once
  2. to translate into something that can be finessed down to a statutory line on the balance sheet . Having said that though , using reliable valuation models and clearly constructed benchmarks by
  3. purpose for which the assets are held . Explain how the financial position at the balance sheet date will affect the future commitments of the charity . Give reasons for any change
  4. lease commitment and corresponding assets wo n't have to be included on your company 's balance sheet . This can improve your financial ratios , showing the company to be more profitable
  5. daily , but other information e.g. on the term structure of the firm 's overall balance sheet does not need to be monitored as frequently ( monthly or quarterly is probably sufficient

Note: Please select the answers below carefully based on the definition which occurs frequently in the examples

Step 1: score of 0-5 for how literal is the use of "balance" in the phrase "balance sheet"
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