Which of the following is the strongest control over sports equipment after purchase?

Type: MCQ • Marks: 1

A. Recording only its purchase price

B. Leaving equipment unrecorded

C. Allowing unrestricted removal

D. Proper stock/asset entry, identification, custody and periodic physical verification

Explanation

Post-purchase controls safeguard institutional assets against loss or misuse.

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UPSC Principal & Vice Principal Management Finance Administration

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