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SIGNATURE CATHY WHITE
TITLE ASST. VICE PRESIDENT
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ALLIANCE LIMITED MATURITY GOVERNMENT Exhibit 77Q1(a)
FUND, INC.
811-06627
Articles of Incorporation of the Registrant dated April 8, 1992 -
Incorporated by reference to Exhibit (1)(a) to Post-Effective
Amendment No. 18 to Registrant's Registration Statement on Form
N-1A filed with the Securities and Exchange Commission on October
31, 1997.
Articles of Amendment of the Registrant dated April 28, 1992 -
Incorporated by reference to Exhibit (1)(b) to Post-Effective
Amendment No. 18 to Registrant's Registration Statement on Form
N-1A filed with the Securities and Exchange Commission on October
31, 1997.
Articles Supplementary of the Registrant dated April 30, 1993 -
Incorporated by reference to Exhibit (1)(c) to Post-Effective
Amendment No. 18 to Registrant's Registration Statement on Form
N-1A filed with the Securities and Exchange Commission on October
31, 1997.
Articles of Amendment of the Registrant dated February 29, 1996 -
Incorporated by reference to Exhibit (1)(d) to Post-Effective
Amendment No. 18 to Registrant's Registration Statement on Form
N-1A filed with the Securities and Exchange Commission on October
31, 1997.
Articles Supplementary of the Registrant dated October 2, 1996 -
Incorporated by reference to Exhibit (1)(e) to Post-Effective
Amendment No. 18 to Registrant's Registration Statement on Form
N-1A filed with the Securities and Exchange Commission on October
31, 1997.
Amended By-Laws of the Registrant - Incorporated by reference to
Exhibit (2) to Post-Effective Amendment No. 18 to Registrant's
Registration Statement on Form N-1A filed with the Securities and
Exchange Commission on October 31, 1997.
ALLIANCE LIMITED MATURITY GOVERNMENT Exhibit 77Q1(e)
FUND, INC.
811-06627
Advisory Agreement between the Registrant and Alliance Capital
Management L.P. - Incorporated by reference to Exhibit (5) to
Post-Effective Amendment No. 18 to Registrant's Registration
Statement on Form N-1A filed with the Securities and Exchange
Commission on October 31, 1997.
s:\witmit\nsar-198.lmg
Report of Independent Auditors
To the Shareholders and Board of Directors of
Alliance Limited Maturity Government Fund, Inc.
In planning and performing our audit of the financial statements of Alliance
Limited Maturity Government Fund, Inc. for the year ended November 30, 1997,
we considered its internal control, including control activities for
safeguarding securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and to comply
with the requirements of Form N-SAR, not to provide assurance on the internal
control.
The management of Alliance Limited Maturity Government Fund, Inc. is
responsible for establishing and maintaining internal control. In fulfilling
this responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the entity's objective of
preparing financial statements for external purposes that are fairly presented
in conformity with generally accepted accounting principles. Those controls
include the safeguarding of assets against unauthorized acquisition, use or
disposition.
Because of inherent limitations in internal control, errors or irregularities
may occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of the internal control would not necessarily disclose all
matters in the internal control that might be material weaknesses under
standards established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the design or
operation of one or more of the internal control components does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as defined
above at November 30, 1997.
This report is intended solely for the information and use of the board of
directors and management of Alliance Limited Maturity Government Fund, Inc.
and the Securities and Exchange Commission.
ERNST & YOUNG LLP
New York, New York
January 7, 1998
