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CACFP regulations require that all new and participating CACFP institutions meet and maintain compliance with three Performance Standards; Financial Management and Viability, Administrative Capability, and Program Accountability.
7 CFR 226 regulates which of the following?
The institution’s budget must reflect realistic expenditures for the number of participants, all funding resources, and
Performance Standards were introduced because of a(n)
When will the state agency evaluate how well an institution meets the CACFP standards?
The integrity regulations do not outline specific consequences for those who fail to meet and adhere to the performance criteria.
When demonstrating financial viability and financial management _______ is top priority.
A sponsor’s financial history needs to demonstrate that the institution has paid its bills, managed its funds and is current for all taxes, licenses, or other fiscal claims assessed against them with resources other than CACFP funds.
All expenditures must be reasonable, necessary, allowable and _______.
The Integrity Regulations address CACFP responsibilities on all levels.