Welcome Module 4. To begin this module read the Learning Objectives; the Self Assessment is optional.

Learning Objectives

Name the OMB document that incorporate cost principles for educational institutions.
Name the four cost principles for qualifying the applicability of expenses to a sponsored project.
Explain the concept and an example of each of the four cost principles.
Explain the importance of coding costs as Allowable or Unallowable.
State examples of expenses that are not Allowable for federal reimbursement.
State examples of University activities that are not Allowable for federal reimbursement.
Use the Decision Tree for determining what can be charged to a sponsored project.

Self Assessment

This step is optional. If you would like to assess your knowledge of the topics that are discussed in this module before you start learning, answer the following questions. Use the results to guide your learning.