48.Advantages of Management Audit
1. It helps management in preparation of plans, objectives and policies and their efficient achievement.
2. It helps management in taking vital decisions for maximization of profits.
3. It helps the management in strengthening its communication systems within and outside the business.
4. It helps in evaluating the performance of management in various areas and measures to improve it.
5. It can help management in preparation of budgets and resource management.
6. It can help management in training of personnel and marketing policies.
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Auditing Broad Questions