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Author Question: Post-investment audits ________. (Read 28 times)

BrownTown3

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on: Mar 6, 2021

Question 1

Comparison of the actual results for a project to the costs and benefits expected at the time the project was selected is referred to as ________.
◦ the audit trail
◦ management control
◦ a post-investment audit
◦ a cost-benefit analysis

Question 2

Post-investment audits ________.
◦ result in managers to overstate the expected cash inflows from projects and accept projects they should reject
◦ provide management with feedback about the performance of a project
◦ include obtaining appropriation requests so that the funding will be authorized to purchase the equipment
◦ are usually not feasible in a large project because the cost accounting system does not collect actual costs at the same level of detail as the initial plans had
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by BrownTown3 on Mar 6, 2021

xiazhe

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Reply #1 on: Mar 6, 2021
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BrownTown3

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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