Notes to SEFA
Accounting Policies: The financial statements are prepared on the accrual basis of accounting. Accordingly, the financial statements are intended to present the financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) in accordance with the Accounting Standards Codification (“ASC”) of the Financial Accounting Standards Board (“FASB”).
De Minimis Rate Used: Both
Rate Explanation: Yes