< Back to Assignment Attempts: Keep the Highest: /2 9. Capital budgeting and the post-audit process Cramer Designs produces a wide range of women's apparel. Three years ago, the company spent $1.2 million to launch its line of designer handbags. Brittany Cramer, the company's CEO and founder, is conducting a post-audit on the handbag line to determine how the division's performance compared to the company's expectations. She has found that the revenue from the handbag division was much lower than expected; however, the company was able to produce the handbags for a much lower cost per unit than expected. Which of the following should be considered the main purpose(s) of the post-audit? Check all that apply. It helps project the firm's tax liability. It encourages managers to generate reasonable forecasts. It helps improve operations. When a firm is forced to employ capital rationing, it generally means that the firm has, positive NPV projects than it can finance.