Notes to SEFA
Title: Note 2
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Washington Apple Commissions financial statements. The Washington Apple Commission uses the accrual method of accounting.
De Minimis Rate Used: Y
Rate Explanation: The Washington Apple Commission has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts shown as current expenditures represent the Federal portion of the program costs on the Schedule of Expenditures of Federal Awards.