Which of the Following Is Not an Example of Typical

question 35

Multiple Choice

Which of the following is not an example of typical analytical procedures related to debt obligations?

• A) Perform a trend analysis of the balances in notes payable, interest expense, and accrued interest with prior periods, considering known client activities related to debt.
• B) Calculate the total debt-to-equity ratio and perform a trend analysis with prior periods.
• C) Calculate the times interest earned ratio and perform a trend analysis with prior periods.
• D) Calculate the current ratio and perform a trend analysis with prior periods.