Final answer:
An auditor is likely to analyze details to detect understatements of equipment acquisitions because it affects the accuracy of financial statements, which is true.
Step-by-step explanation:
The statement that an auditor would most likely analyze the details to identify understatements of equipment acquisitions is true. When an auditor evaluates a company's financial statements, one of the key things they look for are misstatements, which can include both overstatements and understatements. Understatement of equipment acquisitions could lower the reported expenses in the period and therefore inflate profits; it can also lead to a lower asset base on the balance sheet. Analyzing details such as invoices, purchase orders, and payment records is one of the techniques auditors use to ensure the capital expenditures and the related depreciation are recorded correctly.