What is a principal objective of the auditors in analyzing a maintenance and repairs expense account?

The correct answer is To discover expenditures for fixed assets or other items that should have been capitalized.

Explanation:

When executing an accounting traceability, the actual destination of the expenses associated with fixed assets (the most important is depreciation) should be recognized first, but in the same way evaluate their usefulness in coming periods, including the improvements that have been made to them done in order to capitalize on it.

However, companies usually consider capitalizing costs when they significantly increase the value of an existing resource. If the company updates part of the tools, properties or equipment it uses in a way that directly increases the value of the asset, it could be capitalized.