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Disbursing Officers, Certifying Officers, or Accountable Officials all have pecuniary responsibility for erroneous payments.

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9y ago

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What term is used to define the responsibility for erroneous payments made as a result of your signature?

pecuniary liability


What is the term used to define the responsibility for erroneous payments made as a result of your signature is what?

pecuniary liability


Who has pecuniary liability for erroneous payments?

Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers


What statement is true about a departmental accountable official?

They have automatic pecuniary liability for erroneous payments.


What is true about a Departmental Accountable Official?

They have automatic pecuniary liability for erroneous payments.


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 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 is Certifying Officer's maximum level of pecuniary liability with regards to erroneous payments?

The Certifying Officer's maximum level of pecuniary liability for erroneous payments is generally limited to the amount of the overpayment that was certified. However, in cases of gross negligence or fraud, the Certifying Officer's liability could potentially extend beyond the overpayment amount.


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

A certifying officer's maximum level of pecuniary liability with regard to erroneous payments is typically capped at the amount equivalent to the payment made in error. However, this may vary depending on specific agency regulations or legal provisions. It is crucial for certifying officers to exercise due diligence in their duties to prevent and rectify errors promptly.


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 clears a certifying officer of pecuniary liability?

The recipient of the erroneous payment repays it to the Government.


What is a certifying officers' maximum level of pecuniary liability with reguards to erroneous payments?

A certifying officer's maximum level of pecuniary liability with regards to erroneous payments is typically limited to the amount of the payment that was made in error. This means that the certifying officer may be held financially responsible for the incorrect payment, up to the total amount of the payment itself. However, the specific limits of liability can vary depending on the governing regulations and policies in place. It is important for certifying officers to exercise due diligence and ensure accuracy in certifying payments to avoid potential liability.