Question: 1 6 . An auditor's program to audit long term debt should include steps that require a . Examining bond trust indentures b . Inspecting

16. An auditor's program to audit long term debt should include steps that require
a. Examining bond trust indentures
b. Inspecting the accounts payable subsidiary ledger.
C. Investigating credits to the bond interest income account.
d. Verifying the existence of the bondholders.

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