When There Are Numerous Property and Equipment Transactions During the Year,an

Multiple Choice

When there are numerous property and equipment transactions during the year,an auditor who plans to assess control risk at a low level usually performs:

A) Tests of controls and extensive tests of property and equipment balances at the end of the year.
B) Analytical procedures for current year property and equipment transactions.
C) Tests of controls and limited tests of current year property and equipment transactions.
D) Analytical procedures for property and equipment balances at the end of the year.