Which of the Following Statements Regarding Costs Under Federal Awards

question 28

Multiple Choice

Which of the following statements regarding costs under federal awards is not True?

• A) Only items of cost specifically mentioned in a grant, contract, or other agreement document are allowable.
• B) Several costs are allowable under highly restrictive conditions and generally require the explicit approval of the grantor agency.
• C) For major not-for-profit organizations and institutions of higher learning, indirect costs must be classified within two broad categories termed "facilities" and "administration."
• D) Direct costs are those that can be identified specifically with a particular cost objective.

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Definitions:

Punctuality

The state or quality of being prompt and on time for appointments, meetings, or deadlines.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity, typically for feedback or developmental purposes.

Subordinate's Behavior

The actions and conduct of individuals who are in positions lower in the organizational hierarchy in relation to their supervisors.

Core Characteristics Model

A framework, often related to job design, that outlines the essential elements of a role or job which can lead to higher job satisfaction and increased productivity.