Which of the Following Statements About Capital Budgeting Post-Audits Is/are

question 121

Multiple Choice

Which of the following statements about capital budgeting post-audits is/are true?
i. The post-audit can be used to detect desirable projects that were rejected.
ii. The post-audit can be used to detect undesirable projects that were accepted.
iii. A post-audit may reveal shortcomings in the cash-flow projections process.

• A) i and ii
• B) ii and iii
• C) i
• D) All of the given answers

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Definitions:

Unexpected Information

Information that comes as a surprise or is not anticipated based on current knowledge or predictions.

Theories

Systematic sets of concepts and propositions designed to explain phenomena or guide understanding and action.

Key Stakeholders

Individuals or groups that have a significant interest in or are greatly affected by the outcome of an organization's actions, decisions, or policies.

Board of Directors

A group of individuals elected to represent shareholders and oversee the management and strategic direction of a company.