Which of the following are standard, recognized approaches to conducting an HR Audit?
A. Implementation Timeline Approach
B. Outside Authority Approach
C. Comparative Approach
D. Centralized Databasing Approach E. Statistical Approach Choose the correct answer from the options given below:

Standard Approaches to HR Audit: In Strategic Human Resource Management, there are five primary classical approaches used to conduct an HR Audit (as conceptualized by William Werther and Keith Davis): Comparative Approach (C): The auditors compare the organization's HR practices and performance metrics against a benchmark organization or industry standards to identify gaps. Outside Authority Approach (B): The audit team relies on standards set by external experts, consultants, or published regulatory/academic guidelines to evaluate HR activities. Statistical Approach (E): Quantitative measures and statistical analysis (such as absenteeism rates, turnover ratios, and cost per hire) are used to evaluate program performance. Compliance Approach: Reviewing legal documents and HR records to ensure adherence to labor laws and company policies. Management by Objectives (MBO) Approach: Evaluating HR outcomes against specific goals set by the management team.