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1.What does management audit imply ? (A) Complete audit (B) Detailed audit (C) Efficiency audit (D) Interim audit 2.Which one of the following statements is

1.What does management audit imply ?

(A) Complete audit (B) Detailed audit

2.Which one of the following statements is correct ?

(A) Internal audit and Management audit are the same

(B) Internal audit and statutory audit are the same

(D) Statutory audit of company accounts is compulsory

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