Practice question
A treasurer submits an account within the annual period but refuses any audit or affidavit because its totals appear neat. What additional safeguards apply?
- No account requires verification
- Neat formatting conclusively replaces audit
- Only an oral oath to coworkers is required
- Only the officer’s signature without affidavit is sufficient
- The account must be duly audited and verified by affidavit
Legal references
- Labor Code, Article 250 (formerly 241), paragraphs (g)-(p), as applicable: https://lawphil.net/statutes/presdecs/pd1974/pd_442_1974.html
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