THE BIGGEST WINNER FISCAL EDITION. Test Your Fiscal Fitness. Records and Reports 5 Points. The governing body and policy council of a grantee must receive financial reports at least how often? Answer : once a month. Records and Reports 10 Points.
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A detailed inventory of equipment including description, identification number, source, including award number, federal share, acquisition date, cost, location and condition must be taken and reconciled with equipment records every _____ years.