Which statement best reflects the relationship between Performance Sec

Type: MCQ • Marks: 1

Which statement best reflects the relationship between Performance Security and inspection?

A. Performance Security eliminates the need for inspection

B. Both are complementary controls: inspection verifies compliance, while security provides financial protection against specified contractual risks

C. Inspection is unnecessary after security is obtained

D. Security is an alternative to technical specifications

Explanation

A security instrument cannot replace proper acceptance and quality-control procedures.

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UPSC Principal & Vice Principal Management Finance Administration

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Which statement best reflects the relationship between Performance Security and inspection?