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npeelman npeelman
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6 years ago
If actual interest expense is materially larger than the auditor's independent estimate, one possible cause could be
A) interest payments on unrecorded notes payable.
B) omitted payments of interest (i.e. underpayments).
C) interest payments recorded at the wrong lower interest rate.
D) notes payable that were set up incorrectly as short term notes.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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inthe80sinthe80s
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6 years ago
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npeelman Author
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6 years ago
Smart ... Thanks!
bkrandy
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Yesterday
This helped my grade so much Perfect
macbookpro1
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2 hours ago
Correct Slight Smile TY
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