A successful recovery of payment relieves the Certifying Officer of pecuniary liability. The Certifying Officer may request relief of liability for any unrecovered amount for which he or she is liable by submitting a statement explaining how the evidence shows a lack of negligence on his or her part.
Which of the following is the best definition of pecuniary liability?
Which of the following is the best definition of pecuniary liability? The responsibility to repay the Government for fiscal irregularities.
What are departmental accountable officials responsible for?
Departmental Accountable Officials are pecuniarily liable for illegal, improper, or incorrect payments resulting from their fault or negligence.
What is true about a certifying officer’s pecuniary liability?
Certifying Officers are automatically pecuniarily liable when there is an erroneous payment. Generally, the amount of pecuniary liability is determined during the investigation of the erroneous payment and is equal to the erroneous payment less any amounts recovered from the payee (bank) .
What are the three parts of a valid payment?
Contracts are made up of three basic parts – an offer, an acceptance and consideration. The offer and acceptance are what the purpose of the agreement is between the parties.
What must the certifying officer do?
As a certifying officer, you may supervise a unit within an accounting or data processing organization. In addition to ensuring that payments are legal, proper, and correct, certifying officers may spend much of their time supervising accounting or payment processing.
Who is liable for pecuniary liability of an employee?
The employer bears the employee’s pecuniary liability. It does not matter for tax purposes whether the employer makes the payment voluntarily or under a contract. For example, if an employee has signed the application form for the supply of electricity or gas to her home, the employee is the customer and she will be the person who is billed.
Can a certifying officer be liable for an erroneous payment?
Automatically to Certifying Officers when there is an erroneous payment. The Certifying Officer is NOT accountable for which of the following? Disbursing money according to properly certified vouchers. Prior to a 1996 legislative change, the only positions pecuniarily liable for erroneous payments within the DoD were which of the following?
What does pecuniary liability under Title 31 mean?
was the result of fault or negligence on the part of that departmental accountable official. Pecuniary liability under this subsection shall apply in the same manner and to the same extent as applies to an official accountable under subtitle III of title 31.
Who is liable for a departmental accountable official?
Any pecuniary liability of a departmental accountable official under this subsection for a loss to the United States resulting from an illegal, improper, or incorrect payment is joint and several with that of any other officer or employee of the United States or member of the uniformed services who is pecuniarily liable for such loss.
