4. If your institution doesn't have a bank account, how do you ensure that cash is maintained safely? 5. Does your institution have written accounting policies and procedures? Yes: No: 6. How do you allocate costs that are “shared” by different funding sources, such as rent, utilities, etc.? 7. Are your financial reports prepared on a: Cash basis: Accrual basis: 8. Is your institution's accounting system capable of recording transactions, including date, amount, and description? Yes: No: 9. Is your institution's accounting system capable of separating the receipts and payments of the grant from the receipts and payments of your institution’s other activities? Yes: No: 10. Is your institution's accounting system capable of accumulating individual grant transactions according to budget categories in the approved budget? Yes: No: 10. Is your institution's accounting system designed to detect errors in a timely manner? Yes: No:
4. If your institution doesn't have a bank account, how do you ensure that cash is maintained safely? 5. Does your institution have written accounting policies and procedures? Yes: No: 6. How do you allocate costs that are “shared” by different funding sources, such as rent, utilities, etc.? 7. Are your financial reports prepared on a: Cash basis: Accrual basis: 8. Is your institution's accounting system capable of recording transactions, including date, amount, and description? Yes: No: 9. Is your institution's accounting system capable of separating the receipts and payments of the grant from the receipts and payments of your institution’s other activities? Yes: No: 10. Is your institution's accounting system capable of accumulating individual grant transactions according to budget categories in the approved budget? Yes: No: 10. Is your institution's accounting system designed to detect errors in a timely manner? Yes: No: