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How do the tests of controls affect substantive tests?
Simple Interest
Interest calculated only on the principal amount, or on that portion of the principal amount that remains unpaid.
Honda Canada Finance
The financial service arm of Honda in Canada, offering financing options for purchasing Honda vehicles, including loans and leases.
Simple Interest
Interest calculated only on the original amount of money borrowed or invested, without compounding.
GIC
A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, typically issued by banks or trust companies.
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