Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.
Allowable Cost means an expenditure which meets the test of the Uniform Guidance (2CFR 200) (see “I. Federal Compliance”). The most significant factors affecting allowability of cost are;
Examples of Allowable Cost in a sentence
These Allowable Cost elements are to be used whenever costs are invoiced or reported to the program administrator.
If there is a desire to include additional Allowable Cost elements, the program administrator should be contacted in order for the administrator to seek approval from the CPUC.
More Definitions of Allowable Cost
Allowable Cost means an expenditure which meets the test of the appropriate Executive Office of the President of the United States’ Office of Management and Budget Circular. The most significant factors which determine whether a cost is allowable are the extent to which the cost is:
Allowable Cost means a cost allowable to a project if:
Allowable Cost means the facility's actual cost after appropriate adjustments as required by medical assistance regulations.
Allowable Cost means costs that are allowable under 2 CFR Part 225, “Cost Principles for States, Local Governments, and Indian Tribes”, 2 CFR Part 220, “Cost Principles for Educational Institutions”, and 2 CFR Part 230, “Cost Principles for Non-Profit Organizations”, as applicable, and their Attachments, and 2 CFR Parts 200.420-475, as applicable.
Allowable Cost means an expenditure which meets the test of the appropriate OMB Circular (see “III. Federal Compliance”). The most significant factors affecting allowability of cost are; 1) they must be necessary and reasonable, 2) they must be allocable, 3) they must be authorized or not prohibited under state or local laws and regulations, and 4) they must be adequately documented.
Allowable Cost means a computation performed by the office to determine the per patient day cost based on a review of an annual financial report and supporting information by applying this rule.