CLG 006 Certifying Officer Practice Exam

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Who negotiates payment arrangements for settlement of the liability?

The Certifying Officer and the DFAS
The Certifying Officer and the Treasury
The Certifying Officer and the Army
The Certifying Officer and the Audit Department

The correct answer is: The Certifying Officer and the DFAS

The correct answer involves the Certifying Officer negotiating payment arrangements for liability settlement specifically with the Defense Finance and Accounting Service (DFAS). This relationship is critical because DFAS is responsible for managing the disbursing and financial operations of the Department of Defense. They handle the processing of payments, which means they are directly involved in any payment arrangements necessary for settling financial obligations. The Certifying Officer's role includes ensuring that payments made are lawful and correctly processed. Collaborating with DFAS allows for appropriate coordination and adherence to federal financial management regulations, ensuring that the settlement of liabilities is handled in compliance with established procedures. This partnership is vital for effective financial management within governmental operations. Other entities mentioned might play different roles, but they do not typically engage directly in negotiating payment arrangements for settlements the way DFAS does.