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 ________.
A) the audit trail
B) management control
C) a post-investment audit
D) a cost-benefit analysis

Question

Quizplus · Accepted Answer

A post-investment audit compares the actual results of a project to the costs and benefits expected at the time the project was selected. The audit trail refers to the recorded history of a transaction or process, management control refers to the process of monitoring and regulating organizational activities, and a cost-benefit analysis is a method of evaluating the potential impact of a project or investment.

Comparison of the Actual Results for a Project to the Costs