Impress and Institutional Funds

A Principal repeatedly delays submission of imprest vouchers for several months This can result in:

Type: MCQ • Marks: 1
A Principal repeatedly delays submission of imprest vouchers for several months This can result in:
Options
A. Weak financial accountability and inability to establish the true outstanding balance
B. Improved accounting
C. Automatic regularisation
D. Better cash management
Explanation
Timely accounting and adjustment are essential controls.
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UPSC Principal & Vice Principal Management Finance Administration

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