Notes to SEFA
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with generally accepted accounting principles. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Central Clinic Inc. and Affiliates has elected not to use the 10% de minimus indirect cost rate allowed under Uniform Guidance.