Impress and Institutional Funds

If a cash book contains an unexplained overwriting of a major amount, the primary concern is:

Type: MCQ • Marks: 1
If a cash book contains an unexplained overwriting of a major amount, the primary concern is:
Options
A. Reliability and integrity of the accounting record
B. Improved transparency
C. Faster reconciliation
D. Higher revenue
Explanation
Unauthorised alterations can conceal errors or irregularities and therefore require scrutiny.
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