Science · Financial Management in Libraries
What is the main difference between pre-audit and post-audit in library financial management?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Pre-audit verifies transactions before payment, while post-audit checks them after disbursement, making the drawing officer responsible initially✓
- 2Pre-audit is used only in academic libraries, while post-audit is used in public libraries
- 3Pre-audit checks single transactions, while post-audit checks yearly transactions only
- 4Pre-audit is internal, while post-audit is always external
Correct answer
Pre-audit verifies transactions before payment, while post-audit checks them after disbursement, making the drawing officer responsible initially
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