Notes to SEFA
Title: NOTE A SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards is a summary of the activity of the Corporation’s federal award program and has been prepared using the cost principals from Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Subpart E Cost Principles.
De Minimis Rate Used: N
Rate Explanation: The Company has not elected to use the de minimis ten percent indirect cost rate.
The accompanying schedule of expenditures of federal awards is a summary of the activity of the Corporation’s federal award program and has been prepared using the cost principals from Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Subpart E Cost Principles.
Title: NOTE A SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards is a summary of the activity of the Corporation’s federal award program and has been prepared using the cost principals from Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Subpart E Cost Principles.
De Minimis Rate Used: N
Rate Explanation: The Company has not elected to use the de minimis ten percent indirect cost rate.
The Company has not elected to use the de minimis ten percent indirect cost rate.