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Internal Complaints Committee

A Principal wants to establish a GFR-compliant financial management culture in a school Which combination is the most ap...

Type: MCQ • Marks: 1
A Principal wants to establish a GFR-compliant financial management culture in a school Which combination is the most appropriate?
Options
A. Maximum spending, informal approvals and minimal documentation
B. Budget discipline, financial propriety, delegated authority, transparent procurement, segregation of duties, proper records, asset control, reconciliation, audit compliance and accountability
C. Centralisation of every transaction in one person
D. Spending the entire allocation before year-end regardless of need
Explanation
#VALUE!
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UPSC Principal & Vice Principal Management Finance Administration

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