True
yes
yes
...an erroneous payment or physical loss of cash, vouchers, negotiable instruments, or supporting documents...... True
Yes, examples of fiscal irregularity can include the physical loss of cash vouchers, negotiable instruments, and supporting documents. Such losses can lead to discrepancies in financial records and potentially indicate mismanagement or fraud. Proper documentation and internal controls are essential to mitigate these risks and ensure accountability in financial transactions.
Yes, the physical loss of cash vouchers can be considered a fiscal irregularity, as it may lead to unaccounted financial transactions and potential misuse of funds. Cash vouchers are typically treated as negotiable instruments, and their loss can compromise the integrity of financial records. Supporting documents related to cash vouchers are essential for maintaining accurate accounting and accountability, and their absence can indicate financial mismanagement or fraud.
Yes, the physical loss of cash vouchers, negotiable instruments, and supporting documents can be considered examples of fiscal irregularity. Such losses can lead to discrepancies in financial records and may indicate potential mismanagement or fraud. Proper safeguards and control measures should be in place to prevent and address these issues.
Elico C. Canlas has written: 'Handbook on negotiable instruments and documents of title'
There are certain documents of title with limited negotiability which are also widely used in commercial transactions but have been held to be non-negotiable because they do not have the requisites that are essential under the Negotiable Instruments Law. They are beyond the scope of the Negotiable Instruments Law and are, therefore, governed by other laws. Among such documents are the following: Letter of credit, Treasury warrant, Postal money order, Bill of Lading, Certificate of Stock, and Warehouse receipt.
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Major informality or bid irregularity includes failure to sign the bid, submitting a bid after the deadline, or failing to include required forms or documents. These errors typically disqualify a bid.
The phrase "Attached herewith the supporting documents for your reference" is somewhat formal and can be simplified for clarity. A more straightforward version would be "Attached are the supporting documents for your reference." This maintains professionalism while being more concise and easier to understand.
yes.