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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

(C) Efficiency audit (D) Interim 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

(C) Internal audit is compulsory in all cases

(D) Statutory audit of company accounts is compulsory

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