How about this...?
If a cost in incurred in order to perform the scope of work of a project, it
is allocable.
Short & sweet, huh?
Jennifer
xoxoxoxoxoxoxoxoxoxoxoxoxoxoxox
Jennifer Morgan
Director of Sponsored Programs
Office of Grants & Contracts
Allegheny Campus
Allegheny Univ. of the Health Sciences
One Allegheny Center, Suite 880
Pittsburgh, Pennsylvania 15212
412-359-1523 (voice)
412-359-1556 (fax)
xxxxxx@pgh.auhs.edu
>>> John Cavendish <xxxxxx@SELU.EDU> 09/30/97 11:07am >>>
I'm trying to explain the concept of allocable costs in a newsletter.
Does anyone have a good "plain English" definition?
John Cavendish
Director of Sponsored Research
Southeastern Louisiana University