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Author Question: During the course of an audit, a CPA observes that the recorded interest expense seems to be ... (Read 43 times)

JimmyJoe

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on: Aug 21, 2022
During the course of an audit, a CPA observes that the recorded interest expense seems to be excessive in relation to the balance in the long-term debt account. This observation could lead the auditor to suspect that
◦ long-term debt is understated.
◦ discount on bonds payable is overstated.
◦ long-term debt is overstated.
◦ premium on bonds payable is understated.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by JimmyJoe on Aug 21, 2022

bleep bloop

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JimmyJoe

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Reply 2 on: Aug 21, 2022
Wow, this really help

zacnyjessica

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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