Section 900.54 - Should the property management system prescribe internal controls?Yes. Effective internal controls should include procedures:
(a) For the conduct of periodic inventories;(b) To prevent loss or damage to property; and(c) To ensure that property is used for an Indian tribe or tribal organization's self-determination contract(s) until the property is declared excess to the needs of the contract consistent with the Indian tribe or tribal organization's property management system.