Economy and efficiency audits definition

Economy and efficiency audits means performance audits that establish: (a) Whether a state agency or unit of local government receiving state funds is acquiring, protect- ing, and using its resources such as personnel, property, and space economically and efficiently; (b) the causes of ineffi- ciencies or uneconomical practices; and (c) whether the state agency or local government has complied with significant laws and rules in acquiring, protecting, and using its resources.
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Economy and efficiency audits means performance audits that
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Examples of Economy and efficiency audits in a sentence

  • Economy and efficiency audits fall under the guidance of performance audits within the 2018 Government Auditing Standards issued by the Comptroller General of the United States.

Related to Economy and efficiency audits

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Good Clinical Practices means the FDA’s standards for the design, conduct, performance, monitoring, auditing, recording, analysis, and reporting of clinical trials contained in 21 C.F.R. Part 50, 54, 56, 312, 314, 320, 812, and 814 and (ii) “Good Laboratory Practices” means the FDA’s standards for conducting non-clinical laboratory studies contained in 21 C.F.R. Part 58.

  • Sustainability Structuring Agent means ▇.▇. ▇▇▇▇▇▇ Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Clinical peer means a physician or other health care professional who holds a non-restricted license in a state of the United States and in the same or similar specialty as typically manages the medical condition, procedure or treatment under review.

  • Energy efficiency portfolio standard means a requirement to