Capital and Revenue Expenditure

Which of the following best reflects the principle of transparency in financial administration?

Type: MCQ • Marks: 1
Which of the following best reflects the principle of transparency in financial administration?
Options
A. Clear records, supporting documents, proper approvals and an accessible audit trail
B. Informal transactions
C. Unrecorded adjustments
D. Personal custody of records
Explanation
Transparency requires that financial decisions and transactions can be traced and independently examined.
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UPSC Principal & Vice Principal Management Finance Administration

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