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Onxy Onxy
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7 years ago
Which of the following is not true about postinvestment audits?
A) Postinvestment audit provides managers with feedback about the performance of a project.
B) Managers can compare actual results to the costs and benefits expected at the time of project selection.
C) Optimistic estimates may cause managers to accept a project that they should reject.
D) Optimistic estimates prevent managers from accepting a project that they should reject.
E) Postinvestment audits prevent senior management from identifying problems that could be quickly corrected.
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
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lordingtonlordington
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7 years ago
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Onxy Author
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