Question

The effectiveness of management audit for controlling can be judged from which of the following points.

Options

• Identification of Deficiencies

• Improves Efficiency

• Enhances Coordination

• All of the above

Answer 1

All of the above

Explanation - 

The following factors can be used to assess the efficacy of a management audit for Controlling.

1. Identification of Deficiencies : : A management audit assists in identifying present and potential performance issues. As a result, it aids in the implementation of necessary corrective actions.
2. Improves Efficiency : Various management operations can be regularly checked through management audit. As a result, it contributes to the management's overall efficiency.
3. Enhances Coordination : As it continuously watches the work, it enhances coordination between employees as well as between the many functions of the organisation.
4. Adapting to Environmental Changes : It assists the organisation in appropriately adapting to environmental changes. This is accomplished by ensuring that management policies and plans remain current.