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(a) A grantee shall use generally accepted accounting principles, maintain the financial records and accounts in a manner that permits them to be audited, and permit the department to audit the records upon reasonable advance notice.
(b) A grantee shall adhere to the provisions of 2 AAC 45.010 for state audits.
History: Eff. 6/28/90, Register 114; am 9/12/97, Register 143
Authority: AS 14.07.060
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Last modified 7/05/2006