Asked by Yania Campbell on Jun 11, 2024
Verified
The technique that compares a project's actual cash flows with the cash flows predicted in the original capital budget proposal is a post-completion audit.
Post-Completion Audit
A review conducted after the completion of a project to evaluate its success, including its adherence to budget, timelines, and the achievement of expected benefits.
- Comprehend the procedures and advantages of conducting post-audit evaluations in capital investment initiatives.
Verified Answer
AF
Araseli FonsecaJun 16, 2024
Final Answer :
True
Explanation :
The technique described is indeed a post-completion audit.
Learning Objectives
- Comprehend the procedures and advantages of conducting post-audit evaluations in capital investment initiatives.