Notes to SEFA
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. CHAD does not draw for indirect administrative expenses.
De Minimis Rate Used: N
Rate Explanation: CHAD has not elected to use the ten-percent de minimis cost rate as allowed under Uniform Guidance.