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In the Long-Term Debt and Owner's Equity Process,the Auditor Might

Question 70

Multiple Choice

In the long-term debt and owner's equity process,the auditor might perform which of the following analytical procedures


A) Compare the balances in the following accounts for the current year to the prior year: long-term debt,interest expense,capital stock,additional paid in capital,and retained earnings
B) Calculate the debt to equity ratio for the current year and prior years
C) Calculate the current ratio for the current year and prior years
D) Compare the transactions in the following accounts for the current year to the prior year: long-term debt,interest expense,capital stock,additional paid in capital,and retained earnings
E) Compare the balances in the following accounts for the current year to the prior year: long-term debt,accrued interest expense,accounts payable,capital stock,paid in capital,and retained earnings
F) both A and B
G) both C and E
H) both D and E

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