Assertion (A): The rule of lapse is not essential for effective financial control. Reason (R): The rule of lapse suffers from weaknesses relating to planning and control expenditure. Codes:

• A.  Both A and R are individually true and R is the correct explanation of A               
• B.  Both A and R are individually true but R is not the correct explanation of A           
• C.  A is true but R is false                                                               
• D.  A is false but R is true