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.
Correct Answer:
Verified
Q73: The manager at the Alexandria Environmental Services
Q74: The manager at the Chesapeake Bay Crab
Q75: In performance evaluations,it is important for managers
Q76: Which of the following is true about
Q77: The managerial accountant at Fort Story Manufacturing
Q79: What is a challenge to managers that
Q80: Which of the following is not true
Q81: What do postinvestment audits reveal to management
Q82: The manager should perform postinvestment audits only
Q83: What is the option feature of R&D
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents