Section 2 AAC 45.090 - DefinitionsFor purposes of this chapter, unless the context otherwise requires,
(1) "audit period" means the entity's fiscal year in which the entity expended financial assistance;(2) "entity" does not include(A) the University of Alaska or any other state agency;(B) a for-profit entity; and(C) a non United States based entity;(3) "financial assistance" means state grants, contracts, provider agreements, cooperative agreements, and all forms of state financial assistance to an entity; "financial assistance" includes all forms of state financial assistance provided through an entity to a third party;(4) "known questioned costs" means those questioned costs specifically identified by the auditor in the audit conducted under this chapter;(6) "department" means the Department of Administration;(7) "significant deficiencies" has the meaning given in the Codification of Statements on Auditing Standards adopted by reference in 2 AAC 45.010(c).Eff. 7/1/98, Register 146; am 3/31/2008, Register 185; am 8/1/2008; am 4/1/2017, Register 221, April 2017Authority:AS 37.05.020
AS 37.05.190