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Likewise, if a federally sponsored account does not receive charges on a timely basis, SPA may not request all funds the University has a legitimate right to, resulting in the University postponing reimbursement that it otherwise would have, including the appropriate amount of any applicable indirect costs. If the net effect of errors is that the University obtains reimbursement in excess of valid expenditures, it needs to pay interest expense to the federal sponsors. If the net effect of errors is that the University incurs expenditures in excess of reimbursements, it foregoes the use of funds otherwise available and perhaps even incurs unnecessary interest expense to borrow funds on its line of credit...
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Common topics in this essay:
- expansion of the Federal governmrnts power, at the expense of sectionalism
- Benefit From Assessing Internal Control Procedures
- how does the federal reserve control the money supply?
- Internal Cash Control
- Internal Control Objectives For Sponsored Program Awards
- Internal Control
- Major Internal Control
- Understanding Internal Control
- How Napoleon Obtains And Maint
- Identify Internal Control Principles
- Sponsors And Sports
- The Effect of the Reading Recovery Program on Children with Reading and Learning Difficulties
- internal control
- Please relate your interest in studying at Georgetown University to your future goals. How do these thoughts relate to your chosen course of study?
- Expenditures
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