All of the following are examples of standard debt provisions EXCEPT
A) maintaining all facilities in good working order.
B) paying taxes and liabilities when due.
C) maintaining satisfactory accounting records.
D) limiting the annual dividend payment.

Question

Quizplus · Accepted Answer

Limiting the annual dividend payment is a restrictive covenant, not a standard debt provision. Standard debt provisions typically include maintaining facilities, paying taxes, and keeping accurate records.

All of the Following Are Examples of Standard Debt Provisions