A post-investment audit of capital budgeting projects provides management with feedback about the performance of a project so management can compare actual results to the costs and benefits expected at the time the project was selected.

Question

Quizplus · Accepted Answer

A post-investment audit helps management evaluate the actual performance of a capital budgeting project and compare it to the expected costs and benefits that were considered at the time of selection.

A Post-Investment Audit of Capital Budgeting Projects Provides Management with Feedback