What advantages do audits provide how if at all should, Auditing

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What advantages do audits provide how if at all should

1. ‘‘If an investment does not fit with an organization's strategic plan, it is probably not a good idea, even if the net present value is positive.'' Under what conditions would this be a true statement? When would it be false?

2. What advantages do audits provide?

3. How, if at all, should the amount of inflation incorporated in the cost of capital influence projected future cash flows for a project?

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