8 AAC 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.
Notes
Authority:AS 23.15.636
AS 23.15.641
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