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. What is the legal basis for the designation of COs and their
pecuniary liability?
a) The Anti-Deficiency Act of 1982
b) The Federal Managers' Financial Integrity Act of 1982
c) The Accountability and Appropriations Act of 1894
d) The Improper Payments Elimination and Recovery Act of 2010
Answer: c) The Accountability and Appropriations Act of 1894 is the
statute that authorizes the Secretary of the Treasury to designate COs
and hold them liable for erroneous payments they certify. Rationale:
The other acts are related to financial management, but do not
specifically address the role and responsibility of COs.
2. What are the three elements that must be present for a CO to be held
pecuniarily liable for an erroneous payment?
a) Fault, negligence, and intent
b) Certification, causation, and injury
c) Authority, duty, and breach
d) Knowledge, error, and loss
Answer: b) Certification, causation, and injury are the three elementsÂÂ
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