Examples of using Residual error in English and their translations into Slovak
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Colloquial
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Medicine
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Financial
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Ecclesiastic
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Official/political
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Computer
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Programming
As explained in the AAR 2007 the residual error rate is 1,6% which is below the materiality threshold of 2%.
When this is the case,appropriate flat rates are applied to estimate the worst-case scenario for the residual error rate in the AARs(see paragraph 6.53).
The calculation of the residual error rate is based on the assumption that all the errors detected, including the systematic ones, will be corrected.
The current control strategy for research expenditure has been designed to detect and correct errors so as tobring the residual error level down to below 2%.
(c) to disclose properly the scope of the residual error rate study and the estimated lower and upper error limits in its next AAR;
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The Commission does not systematically ensure that the resubmitted cost claims are corrected,so the reliance that can be placed on the residual error rates is limited(see example 6.1).
A residual error rate for grant payments is not calculated, due to their low share of the F4E Joint UndertakingŐs budget(21) and the small number of ex-post audits carried out(22).
In a number of cases the Commission's decision not toissue a reservation for an OP is justified by the residual error rate's being below the 2% materiality threshold(see paragraph 10).
The calculated residual error at the end of 2014 is 0,42% for EEPR and 0,84% for TEN-T and estimated at 3% for the research family.
To some extent, these weaknesses affected the representativeness of the samples,and hence also the reliability of the reported residual error rates concerned. of the European Union 4.10.2018 THE COMMISSION'S REPLIES 6.45.
However, these activities will continue to be represent a necessary cost to be incurred, to effectively and efficiently achievethe objectives of the instruments at a minimal risk of non compliance(below 2% residual error).
DG RTD andDG GROW issued new reservations for payments where they estimated that the residual error rate(the level of undetected and uncorrected errors remaining at the end of a programme) will exceed 2%.
Calls on DG R&I to explain to Parliament's competent committee which measures it has taken toavoid horizontal reservations concerning the rate of the residual error within cost claims;
When calculating the residual error rate for an OP(or a group of OPs), the Commission takes account of the annual projected error rates for all years in which interim or final payments were made(see Box 2).
The main objective is to provide assurance by assessing the legality and regularity of payments in reimbursement of cost claims andby attaining a reasonable estimate of the residual error rate at the end of the programme.
Regrets that DG R&I againissued a horizontal reservation concerning the rate of the residual error within cost claims in the Seventh Research Framework Programme, implemented directly by it;
However, the Director-General of DG CONNECT did not raise a reservation on spending for the Information andCommunication Technologies Policy Support Programme(4), although the residual error rate at the end of 2013 was 2,77%.
The Court considers that thereis also a risk of the Commission under-estimating the residual error rate where it has limited assurance of the reliability and accuracy of a Member State's information on financial corrections.
The Court observes, however, that information on financial corrections reported by Member States may not always be reliable or accurate andthat the Commission's calculation method results in an understated residual error rate.
However, this requirement is more important for the residual error rate, which takes account of the projected error rates and multiannual financial corrections since the start of the programming period(see paragraphs 35 to 40).
(37) Reservation in respect of Information and Communication Technologies Policy Support Programme(ICT-PSP) of the Competitiveness and Innovation framework Programme(CIP)countries due to the residual error rate being above 2%(2,94%).
Rate of residual errors with regard to the accuracy of cost claims in the Sixth Research Framework Programme(FP6)The reservation is based on the residual error rate for FP6 cost claims, assessed by DG TREN as above 2%.
Taking into consideration the multiannual nature of the programme, we consider that the Commission's ex-post audit strategy for the Seventh Research FrameworkProgramme provides an appropriate basis for calculating the residual error rate for spending under the programme.
The calculated residual error at the end of 2013 was around 3% for the research family, 0,95% for LLP and YiA programmes managed through National Agencies, and below 2% for the Home Affairs and Justice area.
Our work on the audit authorities' sampling methodology showed that weaknesses in three of the 12 assurance packages we examined(25%)affected the reliability of the reported residual error rates to some extent(see paragraphs 6.47 to 6.48).
The reliability of the Commission's calculation of residual error rate depends to a large extent on the accuracy of Member States' information on financial corrections implemented at national level and how this information is taken into account by the Commission(see paragraph 29).
The potential impact of the identified deficiencies on the error rate is estimated and added as a top-up to the error rate reported by the Member State concerned at the level of each paying agency,resulting in a more realistic and more precise estimate of the residual error rate.
Therefore the multiannual financing arrangements mean that controls are carried out before but also after the audit workis done by the European Court of Auditors, and the residual error after all controls have been completed can be significantly lower that the error rate detected by the Court.
The Commission started work on thereview of its control strategy(including a possible indicator for the residual error rate based on an audit of a representative statistical sample of closed projects) in early 2010, as set out in the Commission replies to the 2008 Annual Report.
Under the voluntary procedure, if the Commission judges that aMember State applies these procedures correctly and the residual error rate established by the Member State is less than 2% for two consecutive years, the Member State in question is entitled to reduce the rate of on-the-spot checks from 5% to 1%(44).