The primary purpose of a cash book in financial administration is to:
Type: MCQ • Marks: 1
The primary purpose of a cash book in financial administration is to:
Options
A. Record only budget estimates
B. Record cash and bank transactions systematically
C. Record only outstanding liabilities
D. Replace all supporting vouchers
Explanation
A cash book records financial transactions involving cash and, where applicable, bank accounts. It provides an important accounting and control record.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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