Question 1 of 4 Attempt in Progress Indicate whether the following statements are true or false:1. 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