Audit Exception definition

Audit Exception means an audit finding or claim by the State under Article 25 and Exhibit B.
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Examples of Audit Exception in a sentence

  • Contractors must submit to the Department either a Single Audit, Financial Statement Audit, or Audit Exception Notice as described below.

  • All necessary items must have been cleared or signed off as documented on the Title Report Review and Audit Exception Sheet.

  • Audit Exception Occurrence Consults with Division Head 2 Incorrect Invoice Submitted Notifies contractor of issue and correction needed.

  • Audit Exception Follow Up - On a weekly basis, CAT reports significant audit findings to the appropriate origination channels for feedback and follow up.

  • If an exception is made, the Underwriter will notate the Audit Exception Worksheet (Section 16 Exhibit AA).

  • Audit Exception Follow Up - On a weekly basis, Quality Control reports significant audit findings to the appropriate origination channels for feedback and follow up.

  • Audit Exception Follow Up – On a weekly basis, Quality Control reports significant audit findings to the appropriate origination channels for feedback and follow up.

  • Audit Exception Occurrence Consults with Chief Facilities Officer 3 Incorrect Invoice Submitted Notifies Contractor of Insufficient Funds Notifies Chief Facilities Officer and Purchasing Agent 1 LACOE = Los Angeles County Office of Education 2 Sent using ▇▇▇▇▇’▇ “Jet Bag” courier service.

  • Audit Exception Occurrence Consults with Facilities Manager 3 Incorrect Invoice Submitted Notifies Contractor of Insufficient Funds Notifies Facilities Manager and Purchasing Agent 1 ▇▇▇▇▇ = Los Angeles County Office of Education 2 Sent using ▇▇▇▇▇’▇ “Jet Bag” courier service.

  • Final 8/1/07 Audit Exception Follow Up – On a weekly basis, Quality Control reports significant audit findings to the appropriate origination channels for feedback and follow up.

Related to Audit Exception

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

  • Privileged Information Exception With respect to any Privileged Information, at any time (a) such Privileged Information becomes generally available and known to the public other than as a result of a disclosure directly or indirectly by the party restricted from disclosing such Privileged Information (the “Restricted Party”), (b) it is reasonable and necessary for the Restricted Party to disclose such Privileged Information in working with legal counsel, auditors, taxing authorities or other governmental agencies, (c) such Privileged Information was already known to such Restricted Party and not otherwise subject to a confidentiality obligation and/or (d) the Restricted Party is (in the case of the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator, any affected Serviced Companion Loan Holder, the Trustee and the Asset Representations Reviewer, as evidenced by an Officer’s Certificate (which shall include a certification that it is based on the advice of counsel) delivered to each of the Master Servicer, the Special Servicer, the applicable Directing Holder, the applicable Consulting Parties, the Operating Advisor, the Certificate Administrator, the Trustee and the Asset Representations Reviewer) required by law, rule, regulation, order, judgment or decree to disclose such information.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Clearing Exception means an exception from the clearing requirement set forth in Section 2(h)(1) of the Act because one counterparty to the transaction is entitled to the exception from the clearing requirement set forth in Section 2(h)(7) of the Act, CFTC Regulations or CFTC Staff No- Action Letters.

  • Bankruptcy Exception means, in respect of any agreement, contract, commitment or obligation, any limitation thereon imposed by any bankruptcy, insolvency, fraudulent conveyance, reorganization, receivership, moratorium or similar Law affecting creditors’ rights and remedies generally and, with respect to the enforceability of any agreement, contract, commitment or obligation, by general principles of equity, including principles of commercial reasonableness, good faith and fair dealing, regardless of whether enforcement is sought in a proceeding at Law or in equity.