All of these are typical examples of provisions in Australian trust deeds for public issues of debt except:
A) restrictions on the sale of assets
B) specifying which accounting policies are to be employed in preparing the accounting reports
C) limitations on the issue of further debt
D) a minimum debt/equity ratio

Question

Quizplus · Accepted Answer

Specifying which accounting policies are to be employed in preparing the accounting reports is not typically a provision in Australian trust deeds for public issues of debt. Trust deeds usually include terms related to the protection of debt holders, such as restrictions on asset sales, limitations on further debt issuance, and maintaining certain financial ratios, but they generally do not dictate specific accounting policies to be used in financial reporting.

All of These Are Typical Examples of Provisions in Australian