The MFR program has a system for managing its funds in accordance with applicable DoD and Service regulations and policies.
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The MFR program implements a financial record keeping system to track how funds are being used, and ensures the records are kept up-to-date and balanced monthly.
The MFR program evaluates its financial status monthly and regularly reports to the fiscal authority on the MFR program’s finances consistent with DoD and Service regulations and policies.
Interpretation In the absence of DoD or Service regulations and policy guidance on the frequency of reports to the fiscal authority, reports should be made quarterly.