Accounting For Governmental & Nonprofit Entities
Accounting For Governmental & Nonprofit Entities
18th Edition
ISBN: 9781259917059
Author: RECK, Jacqueline L., Lowensohn, Suzanne L., NEELY, Daniel G.
Publisher: Mcgraw-hill Education,
Question
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Chapter 12, Problem 14C

a.

To determine

Indicate the document that should be referred to for the classification of allowability of the costs.

b.

To determine

Draft a short memo explaining your opinion on the whether the given costs are allowable or unallowable, and if the unallowable costs could be classified as allowable indirect costs, and mention the limitations that are required for classifying those as allowable costs.

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