Which of the Following Is Not One of the Criteria

question 3

Multiple Choice

Which of the following is not one of the criteria for an allowable cost under a federal grant?

• A) A cost that is necessary and reasonable for the performance of the federal award and allocable thereto under the OMB cost principles.
• B) A cost that conforms to any limitations or exclusions set forth in the OMB cost principles or in the federal award as to types or amount of cost items.
• C) A cost that has been approved by the FASB or GASB as an allowable cost.
• D) A cost that is adequately documented.

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Definitions:

Celsius

A scale of temperature in which water freezes at 0 degrees and boils at 100 degrees under standard conditions.

Unobtrusive Measures

Methods of collecting data that do not interfere with the subjects being studied.

Reactivity

Reactivity is the tendency of people to alter their performance or behavior due to the awareness that they are being observed.

Reactivity

The phenomenon where subjects alter their behavior due to their awareness of being observed.