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Who has pecuniary liability for erroneous payments?
Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers
Pecuniary liability is the personal liability of?
Certifying Officers
Pecuniary liability is the personal liability for whom?
Certifying Officers
An automatic presumption of pecuniary liability applies to?
Certifying Officers and Dispursing Officers
Pecuniary liability attaches?
automatically to certifying officers when there is fiscal irregularity
LLC Liability Insurance?
form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_
Is advances from officers a current or long term liabilities?
Advances from officers is a current liability as it is assumed to be return within one fiscal year.
What is the difference between liability insurance and directors and officers liability insurance?
If you mean the difference between General Liability (GL) and Director's and Officer's Liability (D&O), GL typically covers your products, premises and operations, advertising and personal injury liability. D&O covers the liability arising from the operations and decisions of the directors and officers of an organization. Because directors can be personally liable for their decisions, whether for a corporation, limited liability company, non-profit or other form of an organization, D&O provides specific coverage for their liability.
How many types of balance sheet can be generated in tally?
Sources of Funds: comprises of Liability and EquityApplication of Funds: comprises of Current and non Current Assets
If Certifying Officers or Disbursing Officers doubt the legality of authorizing the obligation or payment of government funds they should seek advice from?
the DoD General Counsel
What does federal laws say about certifying officers?
DOD must use them, and they have limited liability.
What is the difference between directors and officers insurance and employment practices liability insurance?
Employment Practices Liability is coverage for the employer against the employee for Wrongful Termination, Discrimination, Sexual Harassment etc. Directors & Officers coverage protects the Directors and Officers of corporations and other entities against legal judgments and related expenses resulting from allegations of wrongful acts committed in their individual capacity as company directors and officers.
