0
What else can I help you with?
Are accountable officials are pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?
Yes
What does Pecuniary liability mean?
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
What of the following forms should be used to appoint a Certifying Officer or Departmental Accountable Official?
To appoint a Certifying Officer or Departmental Accountable Official, the appropriate forms typically include the Standard Form 61 (SF-61) for appointment and designation, along with any specific agency forms required for certifying officers. Additionally, agencies may have their own internal forms or procedures that must be followed, which should be verified in the agency's financial management guidelines. It's essential to ensure that all necessary approvals and documentation are completed according to the agency's policies.
The steps involved in the certification process for a certifying official include?
A certification process usually involves the certifying official evaluating the credentials of the individual or entity seeking certification. Sometimes, the certifying official may administer a qualification test to the entity seeking certification.
In CFI 100 Certifying Officer and Accountable Official Course in an accounting classification what does the Element of ExpenseInvestment Code represent?
In the CFI 100 Certifying Officer and Accountable Official Course, the Element of Expense Investment Code represents a specific categorization for tracking expenditures related to investments. This code helps in identifying and managing costs associated with capital assets, infrastructure, and other long-term investments within an organization's financial framework. By using this code, agencies can ensure accurate budgeting, reporting, and accountability for funds allocated to investment initiatives.
What is true about a Departmental Accountable Official?
They have automatic pecuniary liability for erroneous payments.
Do you work as a certifying official or a departmental accountable official?
No, I do not work as a certifying official or a departmental accountable official. My role is to provide information and assistance based on the data and knowledge available to me.
What is true about departmental accountable official?
They provide assistance to Certifying Officers.
Is TRUE about a departmental accountable official?
They provide assistance to Certifying Officers.
What true about a departmental accountable official?
They provide assistance to Certifying Officers.
Forms should be used to appoint a Certifying Officer or Departmental Accountable Official?
577
Is a reason the roles of a Certifying Officer and an Accountable Official are important?
To avoid the presumption of negligence
What statement is true about a departmental accountable official?
They have automatic pecuniary liability for erroneous payments.
Accountable officials are pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?
Yes
Are accountable officials are pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?
Yes
Are accountable officials pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?
Yes
An Accountable Official can be appointed Certifying Officer for the same types of payments?
DD Form 577
