Which of the following statements about capital budgeting post-audits is/are true?
i. The post-audit can be used to detect desirable projects that were rejected.
ii. The post-audit can be used to detect undesirable projects that were accepted.
iii. A post-audit may reveal shortcomings in the cash-flow projections process.
A) i and ii
B) ii and iii
C) i
D) All of the given answers
Correct Answer:
Verified
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