Question

Administrative Audit mainly evaluates which of the following?

• A. Only financial statements
• B. Constitution, management, records and internal control systems
• C. Loan recovery position only
• D. Election procedures only

Answer 1

Answer:

B. Constitution, management, records and internal control systems

Administrative Audit involves a close assessment of all affairs of the society including its constitution, management, establishment, maintenance of records and accounts, and internal control systems.