The Auditor Is Testing for Unrecorded Retirements/disposals of Equipment

Multiple Choice

The auditor is testing for unrecorded retirements/disposals of equipment. Which of the following audit procedures would the auditor most likely use?

A) Select items from the fixed asset master file and then physically locate them.
B) Examine the repairs and maintenance amount for large debits.
C) Compare current year's depreciation expense with the previous year's depreciation expense.
D) Trace acquisition documents to the fixed asset master file.