During the Course of an Audit,a CPA's Substantive Analytical Procedure

question 21

Multiple Choice

During the course of an audit,a CPA's substantive analytical procedure provides an expected interest expense that is significantly higher than the amount recorded in the client's accounting records.This observation would most likely lead the auditor to suspect that

• A) The client failed to record all debt.
• B) Discount on Bonds is misstated.
• C) Interest income is overstated.
• D) The client failed to record all interest expense.

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