[Answer] A financial liability brought on by a loss that has resulted from illegal improper or incorrect payments refers to a _______.

Answer: Pecuniary Liability

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A financial liability brought on by a loss that has resulted from illegal improper or incorrect payments refers to a _______. The most common example would be a lease of equipment. Since the equipment is treated like a rental the asset and the corresponding liability are not shown on the balance sheet. Lease payments are expensed as paid and the lease obligation would be disclosed in a note to the financial statement. Start studying CLG 006 Certifying Officer Legislation Training for Purchase Card Payment -DAU. Learn vocabulary terms and more with flashcards games and other study tools. Tue Nov 28 2017 · NO A LOW HEART RATE DOESN'T A HIGH HEART RATE DOES IMPROVE PHYSICAL PERFORMANCE The answer mentioned above is incorrect a low heart rate does improve physical performance this is because the heart is pumping out the same amount of blood but with fewer beats therefore it doesn't have to work as hard and fatigue is delayed. Wed Jun 20 2007 · An insurance policy is a contract of Indemnity . It is a means of transferring risk of financial loss and or financial liability to another party Namely the insurance company . Sun Aug 26 201...

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