A Principal proposes to use ₹20,000 from the Sports Fund to repair an

Type: MCQ • Marks: 1

A Principal proposes to use ₹20,000 from the Sports Fund to repair an unrelated office room The most appropriate response is:

A. Approve automatically because the school benefits

B. Verify whether such expenditure is authorised under the rules governing the fund

C. Use the money because it is institutionally owned

D. Transfer the money to the general fund without authority

Explanation

The fact that expenditure benefits the school does not automatically make it permissible from a purpose-restricted fund.

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UPSC Principal & Vice Principal Management Finance Administration

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A Principal proposes to use ₹20,000 from the Sports Fund to repair an unrelated office room The most appropriate respons...