Notes to SEFA
Title: NOTE 1
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING.
De Minimis Rate Used: N
Rate Explanation: AUDITEE HAS ELECTED NOT TO USE THE 10% DE MINIMIS COST RATE.
BASIS OF PRESENTATION
Title: NOTE 2
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING.
De Minimis Rate Used: N
Rate Explanation: AUDITEE HAS ELECTED NOT TO USE THE 10% DE MINIMIS COST RATE.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Title: NOTE 3
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING.
De Minimis Rate Used: N
Rate Explanation: AUDITEE HAS ELECTED NOT TO USE THE 10% DE MINIMIS COST RATE.
INDIRECT COSTS