Excerpt from Data Envelopment Analysis as a New Managerial Audit Methodology: Test and Evaluation Managerial audits designed to evaluate the effectiveness and efficiency of the operations of an organization have gained increased acceptance and have been increasingly used by managers in government and business. These managerial audits, also referred to as comprehensive audits operational audits, operation reviews were first actively used by the u.s. General Accounting Office [11] and have since been utilized by other governments, e.g., Canada, Australia, and Israel as well as by various state audit agencies. Corporate internal auditors have increasingly been required to complete managerial audits [9] and regulatory agencies have hired management consulting firms to conduct such audits for utilities (see for example It has been suggested by J. Burton [1] that managerial audits should be included as an integral part of a financial audit by cpa's to increase the value of their service and to better justify the increasing cost of such audits to management. Trends toward increased use of managerial audits suggest that any methodologies which help to achieve the objectives of these audits will be of value. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.