Which of the following is most important before sanctioning a Sports Fund expenditure?

Type: MCQ • Marks: 1

A. Availability of authority, purpose, funds and supporting justification

B. Personal preference of the purchaser

C. Whether the supplier is a friend

D. Whether the expenditure can be hidden

Explanation

Financial decisions require authority, legitimate purpose and budget/fund availability.

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UPSC Principal & Vice Principal Management Finance Administration

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