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Select the incorrect statement regarding postaudits of capital investment decisions. Multiple Choice The goal of a postaudit is to provide feedback that can be used
Select the incorrect statement regarding postaudits of capital investment decisions. Multiple Choice The goal of a postaudit is to provide feedback that can be used to improve the accuracy of future capital investment decisions. The postaudit helps management determine whether a project that had been accepted should have been rejected. A postaudit should be conducted at the end of the project. A postaudit is only necessary for a capital investment selected using a technique that does not consider the time value of money
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