Section 2430.107. Budgeting and accounting

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The vendor shall conduct the facility in accordance with standard business practices. This includes maintaining an accounting system. The exact amount of income and expenditures must be recorded along with their source or destination. The system must be organized to provide the information required for the monthly report and other financial reports required by Federal, State, and local statutes and regulations. See § § 2430.111—2430.115 (relating to reports).

                    
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