A postaudit is:
A)An evaluation of the effectiveness of the budgeting committee.
B)An analysis of the capital budgeting method used.
C)An evaluation of a project's actual results versus its projected results.
D)A review by outside auditors to assess efficiency.
E)An analysis of risk changes over the life of an investment.

Question

Quizplus · Accepted Answer

A postaudit is an evaluation of a project's actual results versus its projected results. It is done to assess the accuracy of projections and identify any areas where the project could have been done differently to achieve better results. A postaudit is typically done at the end of a project and can be used to inform future projects. The other options do not accurately describe a postaudit.

A Postaudit Is