Auditor examining the mortgage balance


Several years ago Conway, Inc. secured a conventional real estate mortgage loan. Which of the following audit procedures would be least likely to be performed by an auditor examining the mortgage balance?

A: Examine the current year's canceled checks.

B: Review the mortgage amortization schedule.

C: Inspect public records of lien balances.

D: Recompute mortgage interest expense.

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Accounting Basics: Auditor examining the mortgage balance
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