answersLogoWhite

0

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

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

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 Certifing officers maximun level of pecuniary liability with regards to erroneous payments?

A certifying officer's maximum level of pecuniary liability for erroneous payments is generally limited to the amount of the erroneous payment itself. This liability is typically capped at the amount that the certifying officer authorized or certified, unless there is evidence of gross negligence or willful misconduct. In cases of such misconduct, the officer may face greater liabilities. Specific limits may vary based on agency policies and applicable regulations.


What is a certifying officers maxmum level of pecuniary liability with regards to erroneous payments?

A certifying officer's maximum level of pecuniary liability for erroneous payments typically aligns with the amount of the erroneous payment made. This liability can arise when a certifying officer certifies a payment without having sufficient evidence to support its legality or appropriateness. While the specific limits can vary depending on the regulations and policies in place, generally, certifying officers may be held liable for the full amount of the erroneous payment if it results from their negligence or failure to follow proper procedures.


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 officers maximum level of pecuniary lialibility 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, plus any associated interest. This liability arises when they certify a payment that is not in accordance with law or regulation, resulting in a financial loss to the government. However, if the certifying officer can demonstrate that they exercised due diligence and acted in good faith, they may be able to mitigate or avoid liability. Specific regulations and policies may vary by agency or context.