The correct answer is: C. Board of directors
A management audit is an evaluation of the effectiveness of a company’s management team. It is typically conducted by an outside auditor, and the results are reported to the board of directors. The board of directors may order a management audit for a variety of reasons, such as to assess the company’s financial performance, to investigate allegations of wrongdoing, or to identify areas where the company can improve its operations.
The workers of a company do not typically have the authority to order a management audit. The government may order a management audit if it suspects that the company is violating laws or regulations. The Securities Exchange Board of India (SEBI) is a government agency that regulates the securities markets in India. SEBI may order a management audit of a company if it suspects that the company is engaging in fraudulent or illegal activities.
Here are some additional details about each option:
- A. Workers of a company
The workers of a company do not typically have the authority to order a management audit. However, they may be able to request that the board of directors order an audit. If the board of directors refuses to order an audit, the workers may be able to file a lawsuit against the company.
- B. Government
The government may order a management audit if it suspects that the company is violating laws or regulations. For example, the government may order an audit of a company that is suspected of environmental pollution.
- C. Board of directors
The board of directors is responsible for the oversight of the company’s management. The board of directors may order a management audit for a variety of reasons, such as to assess the company’s financial performance, to investigate allegations of wrongdoing, or to identify areas where the company can improve its operations.
- D. Securities Exchange Board of India (SEBI)
SEBI is a government agency that regulates the securities markets in India. SEBI may order a management audit of a company if it suspects that the company is engaging in fraudulent or illegal activities.