Multiple choice

Directions: Choose the correct option for the given question.What does management audit imply?

  1. Complete audit

  2. Detailed audit

  3. Efficiency audit

  4. Interim audit
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Management audit evaluates efficiency and effectiveness of management processes, policies, and decisions - not just accuracy of financial records. It assesses whether resources are used optimally to achieve organizational goals, making it fundamentally an efficiency audit.

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