9. Generally, post audits for projects are conducted: A) to identify problems that need fixing. B) to check the accuracy of forecasts. C) to come up with questions that should have been asked before the project was undertaken. D) all of above. 23. A possible consequence of financial distress is that: A) debt holders, who face the prospect of getting only part of their money back, are likely to want the company to take additional risks. B) shareholders would like the firm to shift toward riskier lines of business. C) shareholders would like the company to cut its dividend payments to conserve cash. D) shareholders would like to contribute more capital to the firm. 24. In a perfect market with no tax, floatation or transaction costs, financial leverage affects the risk and expected return on a firm's: A) assets. B) debt. C) equity. D) both B and C