Final answer:
In the MD&A section, the item that should not be typically discussed is 'The market value of all assets.' MD&A focuses on financial condition, results of operations, and cash flows rather than the market value of assets.
Step-by-step explanation:
The Management Discussion and Analysis (MD&A) section of a company's financial report is intended to provide investors and other stakeholders with a narrative explanation of the financial statements, including management's perspective on the past performance, as well as future expectations. It usually covers areas such as liquidity, capital resources, the results of operations, and also discusses any known trends or uncertainties that the company may face.
In the options provided, the item that should not typically be discussed in the MD&A is b. The market value of all assets. This is because the MD&A focuses more on the company's financial condition, results of operations, and cash flows rather than the market value of assets, which can fluctuate and is not always indicative of the company's operations or cash flows.
However, it may be relevant to discuss the market value of certain assets if it is significantly different from the book value and it affects the company's operations or financial planning.