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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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Explain what a postaudit is and how it can provide useful input for future capital investment decisions, especially those involving advanced technology.

To determine

Define the term post-audit and explain the way it is useful in the future capital investment decisions, especially in those advanced technology projects.

Explanation

Postaudit:

The comparison analysis of actual cost and benefits of a project with the estimated costs and benefits of a project is known as postaudit.

Postaudit helps to determine that the resources are used at optimum level...

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