______ audit refers to the evaluation of company’s performance against planned goals in the areas of social responsibility.

______ audit refers to the evaluation of company’s performance against planned goals in the areas of social responsibility.

a) Cost audit

b) Social audit

c) Management audit

d) None of these

Answer: (b) Social audit audit refers to the evaluation of company’s performance against planned goals in the areas of social responsibility. A social audit is a formal review of a company’s endeavors, procedures, and code of conduct regarding social responsibility and the company’s impact on society. A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility.

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  6. Internal auditor has to submit report to
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