{"id":32707,"date":"2024-04-15T09:05:40","date_gmt":"2024-04-15T09:05:40","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=32707"},"modified":"2024-04-15T09:05:40","modified_gmt":"2024-04-15T09:05:40","slug":"management-audit-is-ordered-by-the","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/management-audit-is-ordered-by-the\/","title":{"rendered":"Management audit is ordered by the"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9af48041c30\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Workers of a company                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Government                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    Board of directors                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Securities Exchange Board of India                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: <strong>C. Board of directors<\/strong><\/p>\n<p>A management audit is an evaluation of the effectiveness of a company&#8217;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&#8217;s financial performance, to investigate allegations of wrongdoing, or to identify areas where the company can improve its operations.<\/p>\n<p>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.<\/p>\n<p>Here are some additional details about each option:<\/p>\n<ul>\n<li><strong>A. Workers of a company<\/strong><\/li>\n<\/ul>\n<p>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.<\/p>\n<ul>\n<li><strong>B. Government<\/strong><\/li>\n<\/ul>\n<p>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.<\/p>\n<ul>\n<li><strong>C. Board of directors<\/strong><\/li>\n<\/ul>\n<p>The board of directors is responsible for the oversight of the company&#8217;s management. The board of directors may order a management audit for a variety of reasons, such as <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> to assess the company&#8217;s financial performance, to investigate allegations of wrongdoing, or to identify areas where the company can improve its operations.<\/p>\n<ul>\n<li><strong>D. Securities Exchange Board of India (SEBI)<\/strong><\/li>\n<\/ul>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe Join Our Telegram Channel on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[698],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Management audit is ordered by the<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/management-audit-is-ordered-by-the\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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