The Client May Use a Variety of Methods to Understate

The client may use a variety of methods to understate liabilities,interest expense and long-term debt.These include

A) Recording capital leases as operating leases to avoid putting the liability on the balance sheet.
B) Failing to disclose loan long-term agreements.
C) Failing to disclose special arrangements,such as transactions with special purpose entities in an attempt to keep debt arrangements off the books.
D) Failing to disclose non related-party transactions.
E) both A and B
F) both A and C
G) both D and E