Performing a post-audit is important because O managers will be more likely to submit reasonable data when they make investment proposals if they know their estimates will be compared to actual results. O it provides a formal mechanism by which the company can determine whether existing projects should be terminated. O it improves the development of future investment proposals because managers improve their estimation techniques by evaluating their past successes and failures. O all of these.
Performing a post-audit is important because O managers will be more likely to submit reasonable data when they make investment proposals if they know their estimates will be compared to actual results. O it provides a formal mechanism by which the company can determine whether existing projects should be terminated. O it improves the development of future investment proposals because managers improve their estimation techniques by evaluating their past successes and failures. O all of these.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Performing a post-audit is important because
O managers will be more likely to submit reasonable data when they make investment proposals if they know their estimates
will be compared to actual results.
O it provides a formal mechanism by which the company can determine whether existing projects should be terminated.
O it improves the development of future investment proposals because managers improve their estimation techniques by
evaluating their past successes and failures.
O all of these.
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