An Auditor Would Most Likely Verify the Interest Earned on Bond

Multiple Choice

An auditor would most likely verify the interest earned on bond investments by:

A) Vouching the receipt and deposit of interest checks.
B) Confirming the bond interest rate with the issuer of the bonds.
C) Recomputing the interest earned on the basis of face amount, interest rate, and period held.
D) Testing the internal controls over cash receipts.