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Part 4: Audit Objectives ltems1 through 10 represent audit objectives for the investments, accounts receivable, and property and equipment accounts. Select the audit procedure that primarily achieves cach objective. Select only one procedure for each audit objective. A procedurn manh. A. Review the provision for depreciation expense and determine that depreciable lives and Procedure Choices - Property and Equipment methods used in the current year are consistent with those used in the prior year. B. Physically examine all major property and equipment additions. C. Examine deeds and title insurance certificates. Procedure cnoice A. Trace investment transactions to minutes on that transactions were properly authoryed. C. Determine that any other-than-temporary impairments of the price of investments have independent custodians. D. Verify that available-for-sale securities are properly classified as current or noncurrent. been properly recorded