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The University's Departments and Schools provident consistency in the application of costs in the budgeting process:
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Performing a detailed review of all proposals and the related financial narratives and budgets. |
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Developing adequate written justifications for any "unlike circumstance." |
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Obtaining a thorough understanding of unallowable, direct, and fiscal and administrative costs. |
The University's Departments and Schools develop consistency in charging sponsored award costs:
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Developing effective, adequate pre-audit; processes, adequate written justifications for unlike circumstances that may arise after award set-up by re-budgeting, transfer of charges kept to a minimum, seeking prior approval from responsible parties, etc.
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Obtaining a through understanding of Cost Accounting Standards. |
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Ensuring monthly review of project costs in a timely manner with the required Principal Investigator's signature. |
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