What would NOT be included in financial condition analysis?

Financial condition analysis is a comprehensive evaluation of an organization's financial health and includes a variety of assessments to gauge overall performance and sustainability. The goal is to provide insights into the organization's current state and its ability to thrive in the future.

Calculating expenses only does not provide a holistic view of the financial condition. While understanding expenses is important, it is just one component of the broader financial picture. A comprehensive financial condition analysis includes examining income statements to assess profitability, forecasting future financial capacity to understand potential growth or decline, and comparing operational effectiveness to evaluate how well resources are being utilized.

By focusing solely on expenses, important aspects of revenue generation, profitability, and operational efficiency would be overlooked, thus failing to give a clear indication of the overall financial health of the organization. Therefore, the concept of only calculating expenses does not align with the multi-faceted approach required in financial condition analysis.