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Questions and Answers for the Smart Grid Investment Grant Program: Accounting Systems

Questions and Answers for the Smart Grid Investment Grant Program: Accounting Systems. The standards for an acceptable financial system are found at 10 C.F.R. 600.121, 600.220, and 600.311. The specific requirements differ slightly by type of organization but common to all is the need for an accounting system that is adequate for the accumulation and segregation of costs on a project-by-project basis.