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When using analytical procedures in the long-term debt and owner's equity process, the auditor might consider the type of long-term debt purchased and sold

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When using analytical procedures in the long-term debt and owner's equity process, the auditor might consider the type of long-term debt purchased and sold in the current year and the prior year the average interest rate on long-term debt in the current year and the prior year the average interest rate earned on the owner's equity the current interest rate on long-term debt

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