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In Connection with the Examination of Bonds Payable, an Auditor

Question 41

Multiple Choice

In connection with the examination of bonds payable, an auditor would expect to find in a bond agreement:


A) the issue date and maturity date of the bond.
B) the names of the original subscribers to the bond issue.
C) the yield to maturity of the bonds issued.
D) the company's debt-to-equity ratio at the time of issuance.

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