answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

A financial liability brought on by a loss that has resulted from illegal improper or incorrect payments refers to a?

Pecuniary


What is pecuniary liability for a Certifying Officer?

Pecuniary liability for a Certifying Officer refers to the financial responsibility that the officer may incur if they certify a payment or obligation that is not legally authorized or is improper. This liability arises when the officer fails to ensure that funds were available and properly appropriated, potentially leading to personal financial consequences. Essentially, Certifying Officers must exercise due diligence in their duties to avoid unauthorized expenditures, as they can be held accountable for any resulting losses.


What is malplacement liability?

Malplacement liability refers to the legal responsibility of a healthcare provider or institution for the improper placement of a patient, typically in a clinical or residential setting. This can occur if a patient is placed in an environment that does not meet their medical, psychological, or safety needs, potentially leading to harm. Providers may be held liable for negligence if they fail to ensure appropriate placement, which can result in legal claims and financial consequences. Such liability emphasizes the importance of proper assessment and adherence to standards in patient care.


Are accountable officials are pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?

Yes


What are rights and liabilities of a member of a company?

Members of a company, typically shareholders, have specific rights and liabilities. Rights include the ability to vote on major company decisions, receive dividends, and access company information. Conversely, their liabilities are generally limited to the amount unpaid on their shares, meaning they are not personally responsible for the company's debts beyond their investment. However, certain situations, like fraud or improper conduct, can lead to personal liability.

Related Questions

What liability refers to a financial liability brought on by a loss that has resulted from illegal improper or incorrect payments?

Pecuniary


A financial liability brought on by a loss that has resulted from illegal improper or incorrect payments refers to a?

Pecuniary


What is pecuniary liability for a Certifying Officer?

Pecuniary liability for a Certifying Officer refers to the financial responsibility that the officer may incur if they certify a payment or obligation that is not legally authorized or is improper. This liability arises when the officer fails to ensure that funds were available and properly appropriated, potentially leading to personal financial consequences. Essentially, Certifying Officers must exercise due diligence in their duties to avoid unauthorized expenditures, as they can be held accountable for any resulting losses.


What is malplacement liability?

Malplacement liability refers to the legal responsibility of a healthcare provider or institution for the improper placement of a patient, typically in a clinical or residential setting. This can occur if a patient is placed in an environment that does not meet their medical, psychological, or safety needs, potentially leading to harm. Providers may be held liable for negligence if they fail to ensure appropriate placement, which can result in legal claims and financial consequences. Such liability emphasizes the importance of proper assessment and adherence to standards in patient care.


What is a certifying officers maximum level of precuniary liability with regards to erroneous payments?

A certifying officer's maximum level of pecuniary liability for erroneous payments is typically limited to the amount of the erroneous payment itself. This liability arises when a certifying officer certifies a payment that is later determined to be improper due to a lack of legal entitlement or other errors. However, if the officer is found to be negligent or to have acted with willful misconduct, they may face greater liability. Specific limits can vary based on agency policies and applicable laws.


When is a certifying officer's maximum level of pecuniary liability with regards to erroneous payments?

A certifying officer's maximum level of pecuniary liability for erroneous payments is typically limited to the amount of the erroneous payment or the salary of the employee at the time the improper payment was made, whichever is less. This liability can vary based on agency policy and specific circumstances.


What is a Certifying Officer's Maximunm level of percuniary liability with regards to erroneous payments?

A Certifying Officer's maximum level of pecuniary liability for erroneous payments is typically limited to the amount of the payment made. They could be held personally liable for the amount if they knowingly or negligently authorized a payment that was improper or not supported by adequate documentation.


What a synonym for improper?

Incorrect, Inappropriate


Is 8 over 4is not an improper fraction is he correct?

8/4 is an improper fraction, he is incorrect.


What does incorrect mean?

It means: Not correct; erroneous or wrong: an incorrect answer. Defective; faulty: incorrect programming of the computer. Improper; inappropriate: incorrect behavior.


What is the improper performance of a legal act called?

The improper performance of a legal act is referred to as "malpractice" when it pertains to professional services, particularly in fields like law or medicine. In a broader legal context, it may also be termed "breach of duty" or "negligence," depending on the circumstances. Such acts can lead to legal consequences, including liability for damages.


What are the effects of improper way of getting blood pressure?

If you get an incorrect BP, the medication given (if needed) will be incorrect. These meds are not without side effects.