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    Auditing Assurance Services
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    Exam 16: Audit of transaction cycles and financial statement balances II
  5. Question
    When the Results of Analytical Procedures for Loans Payable Are
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When the Results of Analytical Procedures for Loans Payable Are

Question 119

Question 119

True/False

When the results of analytical procedures for loans payable are favourable, tests of details for the related interest expense and accrued interest can frequently be eliminated.

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