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QUESTION

Several years ago Conway, Inc. secured a conventional real estate mortgage loan.

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