Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activityof the Montgomery County Children's Advocacy Center, Inc. and is presented on the accrual basisof accounting. The information in this schedule is presented in accordance with the requirementsof Title 2 U.S. Code of Federal Regulations. Therefore, some amounts presented in this schedulemay differ from amounts presented in or used in the preparation of the basic financial statements.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.