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Question
Management audit is a technique to keep a check on the performance of ______.
Options
Company
Management of the company
Shareholders
Customers
MCQ
Solution
Management of the company
Explanation -
A management audit is a methodical examination of a company's management's overall actions. Its goal is to assess the management's efficiency and effectiveness, as well as to identify areas where it falls short. It reveals performance flaws and aids in the implementation of corrective actions. As a result, management audit monitors the entire performance of the company's management.
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Techniques of Managerial Control
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