India Post PO & RMS Accountant Examination Practice Quiz

Question 1

A divisional head asks the accountant to pay for decorative items for the head's private cabin from office contingencies. No official purpose is recorded. Which action meets the standard of financial propriety?

Accepted Answer

Refuse the charge, because public money may be spent only for a public purpose and with the care used for one's own money.

Question 2

Stationery has been delivered and the supplier's bill is in hand, but the sanction order is still unsigned. What should the accountant do before passing the bill for payment?

Accepted Answer

Withhold payment until a competent sanction for the expenditure is on record.

Question 3

In a small head office the same assistant prepares the contingent bill, checks the supporting vouchers, and authorises the payment. Which control weakness does this arrangement create?

Accepted Answer

The person who creates the claim can also approve it, so errors and irregular charges may pass unnoticed.

Question 4

A one-person accounts seat cannot fully separate bill preparation from checking. Which compensating control best reduces the risk until duties can be split?

Accepted Answer

Require an independent officer to test-check vouchers and sign the payment order before cash or bank payment.

India Post PO & RMS Accountant Examination — Mock tests

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