Md. Code Regs. 07.01.20.05 - Fiscal Recording
The administering agency shall:
A. Maintain books, records, documents, and other evidence of all expenditures and income;
B. Maintain records according to generally acceptable accounting standards; and
C. Present, upon receipt of notice by a State auditor or other individual authorized to monitor the Program, all books, records, documents, and other evidence pertaining to the Program for inspection, review, or audit.
Notes
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