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Documentl Attachment F <br /> Warranties and Representations <br /> Financial Management <br /> Recipient's financial management system must include the following: <br /> (1) Accurate,current and complete disclosure of the financial results of this project or <br /> program. <br /> (2) Records that identify the source and use of funds for all activities. These records <br /> shall contain information pertaining to grant awards, authorizations, obligations, <br /> unobligated balances, assets, outlays, income and interest. <br /> (3) Effective control over and accountability for all funds,property and other assets. <br /> Recipient shall safeguard all assets and assure that they are used solely for authorized <br /> purposes, <br /> (4) Comparison of expenditures with budget amounts for each Request For Payment. <br /> Whenever appropriate,financial information should be related to performance and <br /> unit cost data. <br /> (5) Written procedures to determine whether costs are allowed and reasonable under the <br /> provisions of the applicable OMB cost principles and the terms and conditions of this <br /> Agreement. <br /> (6) Cost accounting records that are supported by backup documentation. <br /> 21 <br /> SmeadSoft Reprint Date:Friday,March 11,2016-13:45:27-OfficialDocuments:6484,Attachment Id 1,Page 34 <br />