Section 8 AAC 87.070 - Demonstration required by employment assistance and training entityTo 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.Eff. 7/26/90, Register 115; am 12/24/2004, Register 172; am 6/18/2010, Register 194Authority:AS 23.15.636
AS 23.15.641