Section 8.87.070. Demonstration required by employment assistance and training entity.

To be eligible for a grant under the program, a person applying for the grant must demonstrate to the satisfaction of the department that the person's accounting system  
		(1) is able to provide information on grant awards, authorizations, obligations, unobligated balances, assets, liabilities, revenues, and expenses;  
		(2) has effective control and accountability for all grant cash, property, and other assets;  
		(3) has the capability to compare planned or budgeted expenditures with actual expenditures; and  
		(4) is able to provide accurate, current, and complete disclosure of the financial results of the grant activities.  

Authorities

23.15.636;23.15.641

Notes

Reference

8 AAC 87.150

Authority

AS 23.15.636 AS 23.15.641

History

Eff. 7/26/90, Register 115; am 12/24/2004, Register 172; am 6/18/2010, Register 194