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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
Which of the following statements is true of a post-investment audit?
A) It encourages managers to overstate the expected cash inflows from projects and accept projects they should reject.
B) It helps managers avoid optimistic estimate errors.
C) It does not help senior management to recognize problems in the implementation of the project.
D) It provides managers with feedback about the performance of a project so they can compare the actual results to the costs and benefits expected at the time the project was selected.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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wrote...
#1
9 years ago
D
jerico Author
wrote...
#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
wrote...
#3
9 years ago
Sweet, you're welcome.
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