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41. During the course of an audit, a CPA observes that the recorded interest expense seems to be excessive in relation to the balance in

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41. During the course of an audit, a CPA observes that the recorded interest expense seems to be excessive in relation to the balance in the long-term debt account. This observation could lead the auditor to suspect that A. Long-term debt is understated B. Discount on bonds payable is overstated C. Long-term debt is overstated D. Premium on bonds pavable is understated

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