CFA Practice Question

CFA Practice Question

Which of the following is likely incorrect?
A. A post-audit enables a firm to change its assumptions to make an accurate estimate of the NPV of a project.
B. A post-audit examines actual results from a project to the results that had been predicted.
C. A post-audit process provides information about how a project is performing and how good its inputs were.
Explanation: Post-audit is after the project is done, too late to make changes in assumption.

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