The Auditor Is Likely to Review All Transactions in the Long-Term

The auditor is likely to review all transactions in the long-term debt and owner's equity process because

A) there is usually only a few transactions in this account
B) some transactions are likely to be significant in determining the ending balance
C) each transaction is likely to be significant in determining the ending balance
D) most transactions are likely to be insignificant in determining the ending balance