________ may be defined as the systematic and dispassionate examination, analysis and appraisal of management's overall performance.

Financial audit

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External audit

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Performance audit

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Management audit

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Solution

The correct option is D Management audit
Management audit refers to systematic appraisal of the overall performance of the management of an organisation. The purpose is to review the efficiency and effectiveness of management and to improve its performance in future periods.

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A management audit is a technique to keep a check on the performance of:

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