Notes to SEFA
Title: Note 1
Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The Corporation elected to use the 10% de minimis cost rate.
The schedule of expenditures of federal awards is prepared on the accrual basis of accounting.
Title: Note 2
Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The Corporation elected to use the 10% de minimis cost rate.
The Corporation elected to use the 10% de minimis cost rate.
Title: Note 3
Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The Corporation elected to use the 10% de minimis cost rate.
The schedule of expenditures of federal awards does not include federal awards funded to consolidated for-profit subsidiaries.
Title: Note 4
Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The Corporation elected to use the 10% de minimis cost rate.
See the Notes to the SEFA for chart/table