Answer
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Work Step by Step
Post audit is defined as the analysis that is made by the business to estimate the results and performance of a capital budging project investment. As per the results of the audit, the business understands the outcome of the capital investments and that will helps in proper decision making in future.
The advantages of post-audit are as follows:
1. The outcomes of the post-audit will in understanding the performance of the implemented capital budgeting investment.
2. It helps also help in the future decision-making procedures.
3. The proper post-audit analysis provides the importance of the benefits of capital budgeting investment.
