Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated
2 answers:
You might be interested in
Answer:
A post audit is only necessary for a capital investement selected using a technique that does not consider the time value of money
Explanation:
A post audit defines the analysis of an outcome with respect to the capital budgeting investment. It is to be conducted at the closing of the period. Also it measures whether the project should be accepted or rejected via details assumption analysis but also it considered the times value of the money
Therefore the above statement should be considered
And, hence, the other options should be considered as wrong
