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It is the personal financial responsibility of accounting officials who approve expenses, making them responsible for verifying the accuracy of their account payments.If you are an official, it means that you have financial responsibility for erroneous payments made as a result of your signature.As an accountable official, you are presumed to be negligent when a fiscal irregularity occurs
Yes
TRUE
The official reserve account, a subdivision of the capital account, is the foreign currency and securities held by the government, usually by its central bank, and is used to balance the payments from year to year.
official revenue accounts
AOs always bear pecuniary liability for the entire contents of the travel document
They have automatic pecuniary liability for erroneous payments.
NOT is not a means of clearing a Departmental Accountable Official's pecuniary liability. The accountable official remains responsible for any financial discrepancies or liabilities even if the NOT is processed. NOT is a Notice of Transfer indicating a change in funds, but it does not absolve the official from financial responsibility.
Transfering to another department is not a means of clearing departmental accountable officers for official pecuniary liability.
They have automatic pecuniary liability for erroneous payments.
DoD may use them; if they are used, they only have limited pecuniary liability.
Using it guarantees you won't incur pecuniary liability when reviewing travel documents.
CO & DAO
It is the personal financial responsibility of accounting officials who approve expenses, making them responsible for verifying the accuracy of their account payments.If you are an official, it means that you have financial responsibility for erroneous payments made as a result of your signature.As an accountable official, you are presumed to be negligent when a fiscal irregularity occurs
Yes
Yes
Yes