35、Is the post-audit performed as part of the capital budgeting process expected to improve a firm's: | forecasts? | operations? | A. | No | No | B. | No | Yes | C. | Yes | No | D. | Yes | Yes |
A. Answer A B. Answer B C. Answer C D. Answer D Correct answer = D
"Capital Budgeting," John D. Stowe and Jacques R. Gagné 2008 Modular Level I, Vol. 4, pp. 8-9 Study Session 11-44-a explain the capital budgeting process, including the typical steps of the process, and distinguish among the various categorizes of capital projects The two main purposes of the post-audit process are to improve forecasts and to improve operations.
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