If Analytical Procedures Provide Evidence That Interest Expense Is Presented

Multiple Choice

If analytical procedures provide evidence that interest expense is presented fairly, _______.

A) the auditor can appropriately limit the assurance needed from tests of details of transactions and related sample sizes when testing interest expense
B) the auditor can appropriately increase the assurance needed from tests of details of transactions and related sample sizes when testing interest expense
C) then there is no need for the auditor to audit any related accounts, such as notes payable
D) then the auditor should direct management to pay the associated expense