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Is NOT a means of clearing a Departmental Accountable Official's pecuniary liability?
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.
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The following statements is TRUE about Departmental Accountable Officials with regards to pecuniary liability?
They Provide information to certifying officers
Is not a means of clearing a departmental accountable officials pecuniary liability?
No, a means of clearing a departmental accountable official's pecuniary liability typically involves formal processes such as audits, financial reconciliations, or restitution. Simply stating or claiming that there is no liability does not suffice; proper documentation and adherence to legal and regulatory frameworks are necessary to resolve any financial accountability.
What statement is true about a departmental accountable official?
They have automatic pecuniary liability for erroneous payments.
What is the purpose of pecuniary liability?
To provide an incentive to guard against errors and theft by others. To protect the government against errors and dishonesty by Departmental Accountable Officials and Certifying Officers.
What is true about a Departmental Accountable Official?
They have automatic pecuniary liability for erroneous payments.
What does federal law say about departmental accountable odfficials?
DoD may use them; if they are used, they only have limited pecuniary liability.
NOT a means of clearing a Certifying Officer's pecuniary liability?
Transfering to another department is not a means of clearing departmental accountable officers for official pecuniary liability.
What is true about departmental accountable officials with regard to pecuniary liability?
They bear no presumption of negligence and are only liable for the dollar value of the erroneous payment that is attributable to their actions.
What does federal law say about departmental accountable official?
DoD may use them; if they are used, they only have limited pecuniary liability.
What is true about departmental acountable officials with regards to pecuniary liability?
They bear no presumption of negligence and are only liable for the dollar value of the erroneous payment that is attributable to their actions.
Who has pecuniary responsibility for erroneous payments?
Disbursing Officers, Certifying Officers, or Accountable Officials all have pecuniary responsibility for erroneous payments.
Are accountable officials pecuniary liable for illegal improper or incorrect payments as a result of negligent performance of accountable official duties?
Yes
