Loans and Advances

A loan sanctioned by a competent authority but not properly recorded in the accounts creates a problem primarily of:

Type: MCQ • Marks: 1
A loan sanctioned by a competent authority but not properly recorded in the accounts creates a problem primarily of:
Options
A. Financial accountability and accounting control
B. Academic administration
C. Recruitment
D. Procurement competition
Explanation
Every Government financial transaction must be accurately recorded and traceable.
Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now
UPSC Principal & Vice Principal Management Finance Administration

Practice more

This page is indexed for search so students can find questions directly from Google.

Purchase Full Access View full Test Series Browse Test Series
Login / Register
Chat on WhatsApp Go Back Top