Allowable Costs on Federal Grants: Allocable Defined in 2 CFR Part 200
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Allowable Costs on Federal Grants: Allocable Defined in 2 CFR Part 200
Allocable. This is another component in the “paw of allowability.” Allocable means that you can allocate, that’s where that term comes from, a reasonable amount, so that the federal government pays their fair share. So, let’s think about this in an example. If I have a grant and I have some other operations, and let’s say the grant ...
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