Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What are the main elements necessary for ensuring that costs are appropriately charged? Obtaining approvals of the department and college prior to reimbursing the expense.
What are the main elements necessary for ensuring that costs are appropriately charged? Obtaining approvals of the department and college prior to reimbursing the expense. Charging excess to discretionary funds when not used in conjunction with a particular project. Requesting approval from the project coordinator for items that are considered unallowable. Applying allocable, allowable, consistent, and reasonable costing policies and procedures
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started