{"data":{"id":"us/20-cfr-686.935","jurisdiction":"us","citation":"20 CFR 686.935","heading":"What are the financial management responsibilities of Job Corps center operators and other service providers?","body":"(a) Center operators and other service providers must manage Job Corps funds using financial management information systems that meet the specifications and requirements of the Secretary.\n(b) These financial management systems must:\n(1) Provide accurate, complete, and current disclosures of the costs of their Job Corps activities;\n(2) Ensure that expenditures of funds are necessary, reasonable, allocable, and allowable in accordance with applicable cost principles;\n(3) Use account structures specified by the Secretary;\n(4) Ensure the ability to comply with cost reporting requirements and procedures issued by the Secretary; and\n(5) Maintain sufficient cost data for effective planning, monitoring, and evaluation of program activities and for determining the allowability of reported costs.","path":["Title 20—Employees' Benefits","CHAPTER V—EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR","PART 686—THE JOB CORPS UNDER TITLE I OF THE WORKFORCE INNOVATION AND OPPORTUNITY ACT","Subpart I—Administrative and Management Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-20.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:45Z","sha256":"6fb17bad24d2d9264370955c817642f6cd8643da045e7211d7a8f11057785b7c","source_id":"us-cfr","stale":true,"prev":"us/20-cfr-686.930","next":"us/20-cfr-686.940"},"notice":"GroundRules: Original legal text. Not legal advice."}