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Functions Of Management Audit

Functions Of Management Audit  :

Management audit is a difficult and complex task. It performs the following functions:
1. Management audit identifies the objectives of an organization if such objectives are not set up.
2. Management audit allocates the overall objectives of an organization in small parts.
3. Management audit reviews the structure of organization and asset of the organization and decides whether goals can be obtained or not.

4. Management audit examines all the scope of work and liability centers.
5. Management audit provides valuable suggestions to the management after the evaluation of all above facts.

 

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