Indian Polity · Polity
Which of the following is NOT considered a primary objective or valid function of a public accounting system?
- 1To provide verifiable financial records that assist in auditing
- 2To prevent unnecessary adjustments and errors in expenditure
- 3To provide a legal escape route to those who mishandle public funds✓
- 4To reveal the financial position of the organization
Correct answer
To provide a legal escape route to those who mishandle public funds
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