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Retention of Records

Misclassifying a major capital project as revenue expenditure can potentially:

Type: MCQ • Marks: 1
Misclassifying a major capital project as revenue expenditure can potentially:
Options
A. Distort the Government's financial reporting and expenditure analysis
B. Improve transparency automatically
C. Eliminate the need for budget control
D. Increase asset records automatically
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UPSC Principal & Vice Principal Management Finance Administration

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