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omaralnatour omaralnatour
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The auditor's independent estimate of interest expense from notes payable uses average interest rates and

▸ average notes payable outstanding.

▸ year-end notes payable outstanding.

▸ only notes payable above the level of materiality.

▸ only notes payable to major lenders.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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tulipfiascotulipfiasco
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