34 C.F.R. § 76.702 Fiscal control and fund accounting procedures.
Title 34 - Education
A State and a subgrantee shall use fiscal control and fund accounting procedures that insure proper disbursement of and accounting for Federal funds. (Authority: 20 U.S.C. 1221e–3, 3474, and 6511(a))
Title 34: Education
PART 76—STATE-ADMINISTERED PROGRAMS
Subpart G—What Are the Administrative Responsibilities of the State and Its Subgrantees?
General Administrative Responsibilities
§ 76.702 Fiscal control and fund accounting procedures.

