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Question

___________ refers to systematic appraisal of the overall performance of the management of an organisation.

A
Management audit
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B
Ratio analysis
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C
Pert and CPM
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D
Responsibility accounting
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Solution

The correct option is A Management audit

Management audit is a technique in which professionals are called by the company to keep a check on the performance of the management of the company and prepare a performance appraisal report for the same.


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