Statement I: Safety audit is a risk management tools. Statement II: Management audit is a part of traditional auditing.

Statement I is correct
Statement II is correct
Both statements are correct
Both statements are incorrect

The correct answer is: C. Both statements are correct.

A safety audit is a risk management tool that helps identify and assess potential hazards in the workplace. It can be used to prevent accidents and injuries, and to improve the overall safety of the workplace.

A management audit is a type of internal audit that assesses the effectiveness of management’s performance in meeting the organization’s goals and objectives. It can be used to identify areas where management can improve, and to ensure that the organization is operating efficiently and effectively.

Both safety audits and management audits are important tools for organizations to use in order to improve their performance and safety.

Statement I: Safety audit is a risk management tools.

This statement is correct because safety audits are used to identify and assess potential hazards in the workplace. This information can then be used to develop and implement safety measures to prevent accidents and injuries.

Statement II: Management audit is a part of traditional auditing.

This statement is also correct because management audits are a type of internal audit. Internal audits are conducted by organizations to assess their own operations and to identify areas where improvement is needed. Management audits are specifically focused on assessing the effectiveness of management’s performance in meeting the organization’s goals and objectives.