MCQOPTIONS
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| 1. |
Which of the following statements about municipal accounting reforms is not correct? |
| A. | They are the foundations for integrity and maturity of Government. |
| B. | They can serve as engines of good governance. |
| C. | Acceptable accounting practices need to reflect both the financial transactions and financial performance of the ULBs. |
| D. | It helps the local bodies to have greater technical accountability. |
| Answer» E. | |