The review of a capital budgeting decision to determine whether a project was accepted that should have been rejected is referred to as:

Question

Quizplus · Accepted Answer

A postaudit is a review of a capital budgeting decision after the project has been implemented to determine if it was a good investment. It is conducted to ensure that actual results of the project align with the estimated results and to learn lessons for future decisions. An audit is a more general term that can refer to a variety of financial or operational reviews. A preaudit is conducted before the implementation of a project to ensure that it complies with policies and procedures. A capital review is not a common term used in the context of capital budgeting.

The Review of a Capital Budgeting Decision to Determine Whether