A Postaudit Is

question 26

Multiple Choice

A postaudit is:

• A)An evaluation of the effectiveness of the budgeting committee.
• B)An analysis of the capital budgeting method used.
• C)An evaluation of a project's actual results versus its projected results.
• D)A review by outside auditors to assess efficiency.
• E)An analysis of risk changes over the life of an investment.

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Definitions:

Amplifier

A device on an electrocardiograph that enlarges the ECG impulses.

Electrical Impulses

Quick bursts of electrical activity that carry messages within the body, especially within the nervous system.

ECG Machine

A diagnostic tool that records the electrical activity of the heart over a period of time, used to detect heart diseases and monitor heart health.

Galvanometer

An instrument that measures current by electromagnetic action.