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1992-1998-FISCAL AUDITS
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1992-1998-FISCAL AUDITS
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Also, projection of any evaluation of the structure to future periods is subject to <br /> the risk that procedures may become inadequate because of changes in <br /> conditions or that the effectiveness Hess <br /> of <br /> the design <br /> d <br /> gn an operation of policies and <br /> procedures may deteriorate. <br /> For the purpose of this report, we have classified the significant internal controls <br /> used in administering federal financial assistance programs in the following <br /> categories: I <br /> ACCOUNTING CONTROLS: <br /> Treasury /financing <br /> Revenues / receipts j <br /> Purchases / disbursements <br /> External financial reporting <br /> i <br /> ADMINISTRATIVE CONTROLS OVER FEDERAL PROGRAMS <br /> i <br /> I� <br /> GENERAL REQUIREMENTS ;I <br /> Political activity I <br /> Civil rights <br /> Cash management <br /> Federal financial reports <br /> i <br /> Allowable Costs/Cost principles <br /> Drug-Free Workplace Act <br /> Administrative Requirements <br /> SPECIFIC REQUIREMENTS I' <br /> Type of service <br /> Eligibility j <br /> Matching level of effort <br /> Reporting <br /> Cost allocation <br /> Special requirements <br /> For all of the internal control structure categories listed above, we obtained an <br /> understanding of the design of relevant policies and procedures and determined <br /> whether they have been placed in operation, and we assessed control risk. <br /> During the year ended June 30, 1993, the Town of Mashpee, Massachusetts <br /> had no major programs and expended 60% of its total federal financial <br /> assistance under the following nonmajor federal financial assistance programs. <br /> - 24 - <br />
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