A school purchases 100 footballs but the receiving record shows only 92 The first appropriate action is:

Type: MCQ • Marks: 1

A. Record 100 without verification

B. Investigate the shortage and reconcile purchase, receipt and stock records

C. Ignore the difference

D. Pay the supplier for 100 without question

Explanation

Physical receipt must correspond with the documented procurement transaction.

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UPSC Principal & Vice Principal Management Finance Administration

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