In Auditing Long-Term Debt, an Auditor Would Be Most Likely

In auditing long-term debt, an auditor would be most likely to:

A) Perform analytical procedures on the bond prenumbered discount accounts.
B) Examine documentation of assets purchased with bond proceeds for liens.
C) Compare interest expense with the long-term debt amount for reasonableness.
D) Confirm the existence of individual long-term debt holders at year-end.