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How client compliance with debt provisions is important

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Reference no: EM132471644

Question 1: A likely reason that consideration of client compliance with debt provisions is important to an audit is that violation of such debt provisions may affect the total recorded:

Multiple Choice

Option 1: Number of debt restrictions.

Option 2: Current liabilities.

Option 3: Long-term assets.

Option 4: Capital stock.

Reference no: EM132471644

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