Retention of Records

The expenditure classification should be consistent with:

Type: MCQ • Marks: 1
The expenditure classification should be consistent with:
Options
A. Applicable Government accounting rules and prescribed classification principles
B. Personal preference of the Principal
C. Supplier's suggestion
D. Informal practice alone
Explanation
Government expenditure must be correctly classified under the applicable accounting framework.
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UPSC Principal & Vice Principal Management Finance Administration

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