One of the Primary Objectives in Examining the Repairs and Maintenance

Multiple Choice

One of the primary objectives in examining the repairs and maintenance accounts is to obtain evidence that

A) expenditures of equipment have not been charged to expense.
B) the actual amount recorded is the same as the budgeted amount.
C) expenditures for equipment have been recorded in the proper period.
D) revenue expenditures made on behalf of equipment have been recorded in the proper period.