Section 2.45.090. Definitions.

For purposes of this chapter, unless the context otherwise requires,  
		(1) "audit period" means the entity's fiscal year in which the entity expended financial assistance;  
		(2) "entity" does not include  
			(A) the University of Alaska or any other state agency;  
			(B) a for-profit entity; and  
			(C) a non United States based entity;  
		(3) "financial assistance" means state grants, contracts, provider agreements, cooperative agreements, and all forms of state financial assistance to an entity; "financial assistance" includes all forms of state financial assistance provided through an entity to a third party;  
		(4) "known questioned costs" means those questioned costs specifically identified by the auditor in the audit conducted under this chapter;  
		(5) repealed 3/31/2008;  
		(6) "department" means the Department of Administration;  
		(7) "significant deficiencies" has the meaning given in Section 5.11a. of the Government Auditing Standards adopted by reference in 2 AAC 45.010(c).  

Authorities

37.05.020;37.05.190

Notes

Authority

AS 37.05.020 AS 37.05.190 ________________________

History

Eff. 7/1/98, Register 146; am 3/31/2008, Register 185