If an equalization note does not have a stated interest rate.. a. A rate must be imputed.

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If an equalization note does not have a stated interest rate..

a. A rate must be imputed.

b. A rate need not be imputed for equalization notes used in divorce actions.

c. A rate must be imputed only if the rate is below the market rate at the time the note was created.

d. A rate must be imputed if the due date of the note is unreasonable.

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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