operational audit
Definition
A review of how an organization's management and its operating procedures are functioning with respect to their effectiveness and efficiency in meeting stated objectives. For example, a business might perform an operational audit if its senior management has become convinced that operational improvements can be made and need to be identified.
Related Articles
- "Sell Butterfly" Option Investment Strategy *
- Introduction to Stocks *
- All ETFs Are Not Equal *
- Introduction to Stock Exchanges and the NYSE *
- "Buy Put" Stock Option Investment Strategy *
- Starting a College Fund for your Child - Savings or Investments? *
- The Importance of Saving and How Much To Set Aside *
- Options and Their Features *
Related Videos
http://www.businessdictionary.com/definition/operational-audit.html


