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The auditors should test the accuracy and reviewing delinquency reports to determine whether the institution initiates follow-up procedures on delinquent loans in accordance with its

The auditors should test the accuracy and reviewing delinquency reports to determine whether the institution initiates follow-up procedures on delinquent loans in accordance with its policies and whether the system identifies potentially troubled loans for purposes of assessing ______________. a. interest income b. unrealized gain c. impairment d. interest rate

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