Procedure of analyzing the repairs and maintenance

Reference no: EM13149582

The audit procedure of analyzing the repairs and maintenance accounts is primarily designed to provide evidence in support of the audit proposition that all

a. Expenditures for fixed assets have been recorded in the proper period.

b. Capital expenditures have been properly authorized.

c. Non-capitalizable expenditures have been properly expensed.

d. Expenditures for fixed assets have been capitalized.

Reference no: EM13149582

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