...of understanding outlining specific
duties and internal controls which the area agrees to implement and maintain.
The memorandum is generated by the bursar and signed by the bursar and the
department/office head and then filed with the principal administrative officer
and the vice president for finance and business operations. (2) The memorandum of
understanding shall provide for the secure and ...
...n; (h) Communicating clearly the major duties and
responsibilities of those accountable for achieving investment
results; (i) Monitoring and evaluating results to assure that the
guidelines are being adhered to and the objectives are being met; (j) To control costs of administering and managing the
funds; (k) Taking appropriate action to discharge an investment
manager for failure to perform a...
