The term recoupment of imprest means:

Type: MCQ • Marks: 1

A. Increasing the sanctioned imprest permanently

B. Restoring the imprest amount by reimbursing authorised expenditure already incurred

C. Cancelling the imprest

D. Converting the imprest into a loan

Explanation

Recoupment keeps the imprest at its approved level.

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UPSC Principal & Vice Principal Management Finance Administration

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