A Post-Completion Audit of Investment Projects Is Important Because

Multiple Choice

A post-completion audit of investment projects is important because:

A) wasted expenditure may be avoided if internal control systems are in place.
B) approval of an investment proposal is required before expenditure can take place.
C) accountants need to understand the capital expenditure process when auditing it.
D) it provides valuable information to enable implementation of improvements in the project's operating performance.