Kirby is an audit staff associate assigned to the attestation engagement of a major client. Kirby's supervisor has tasked her with auditing the client's financing activities, however before Kirby begins with the audit of this area, she wishes to understand more activities that would be included in this category. Which of the following represents areas Kirby would want to check?

• Kirby should consider examining the client's acquisition of major fixed assets and reconciling to the general ledger.
• Kirby should think about investigating a secondary stock offering that the client conducted within the last year.
• Kirby should think about examining interest payments on long-term bond issues to ensure accurate amounts are being paid to bondholders. None of these answer choices are correct.