Management Finance - Part 1

Which of the following would most clearly constitute financial indiscipline?

Type: MCQ • Marks: 1
Which of the following would most clearly constitute financial indiscipline?
Options
A. Surrendering genuinely unneeded funds
B. Obtaining legislative authorisation
C. Conducting internal audits
D. Spending funds for a purpose materially different from the authorised purpose without proper approval
Explanation
Public expenditure must remain within the legal and financial authority granted. Diversion without proper sanction undermines legislative control.
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UPSC Principal & Vice Principal Management Finance Administration

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