1. P A post-audit is a thorough evaluation of how well a project's actual performance matches the original projections. 2. Post-audits improve future investment proposals. 3. Post-audits are foolproof. 4. In a post-audit, future amounts are revised based on new information. 5. In the post-audit, actual figures are examined. 6. A post-audit cannot use the same evaluation techniques that were used in making the original capital budgeting decision-for example, the NPV method. 7. A post-audit provides a formal mechanism for deciding whether future projects should be accepted