1) Which of the following is not an example of a fiduciary type liability?

sales taxes payable

employees federal income taxes withheld payable

excise taxes payable

federal income taxes payable

2) Which of the following is not part of the capital structure of a corporation?

Revenues
		Capital Lease Obligation
		Cash
		Dividends

Which of the following transactions would not cause an immediate change in the denominator of the Debt Ratio?

ssuance of a debenture

Payment required by a type B lease

Payment of principal on an installment note

Accrual of interest expense on an installment note

Which of the following would not have any effect on a companys debt ratio calculated using amounts from the Balance Sheet?

Definitely Determinable Liabilities
		Contingent Liabilities
		Estimated Liabilities
		Commitments