Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 50

The primary reason for preparing a reconciliation between interest-bearing obligations outstanding during the year and interest expense in the financial statements is to
A) Evaluate internal control over securities.
B) Determine the validity of prepaid interest expense.
C) Ascertain the reasonableness of imputed interest.
D) Detect unrecorded liabilities.