allocable meaning
Subject to the foregoing, a cost. is allocable to a sponsored agreement if (1) it is incurred solely to advance the. work under the sponsored agreement; (2) it benefits both the sponsored. agreement and other work of the institution, in proportions that can be. c. Any costs allocable to activities sponsored by industry, foreign governments or other sponsors may not be shifted to federally-sponsored agreements. d. Allocation and documentation standard. (1) Cost principles. The recipient institution is responsible for ensuring that costs charged to a sponsored agreement are allowable, allocable, and Definition of allocable from the Collins English Dictionary Brackets ( ) Brackets(also called parentheses) are used to enclose a word or words which can be left out and still leave a meaningful sentence. is allocable to a sponsored agreement if (1) it is incurred solely to advance the work under the sponsored agreement; (2) it benefits both the sponsored agreement and other work of the institution, in proportions that can be ALLOCABLE definition - This term applies to the breaking down of a lump sum of money and distributing it into several parts. It is often used when business accounts are analysis. ALLOCABLE definition - This term applies to the breaking down of a lump sum of money and distributing it into several parts. It is often used when business accounts are analysis. Skip to primary navigation Any costs allocable to a particular sponsored agreement under the standards provided in this Circular may not be shifted to other sponsored agreements in order to meet deficiencies caused by overruns or other fund considerations, to Allocable definition: able to be allocated | Meaning, pronunciation, translations and examples English Dictionary | Thesaurus | Translator | Grammar | Scrabble | Blog English Trends of 'allocable'. Used Rarely. allocable is in the lower 50% of commonly used words in the Collins dictionary. The A-21 circular definition: a. A cost is allocable to a particular cost objective (i.e., a specific function, project, sponsored agreement, department, or the like) if the goods or services involved. are chargeable or assignable to such cost objective in accordance with relative. benefits received or other equitable relationship. Allocable costs What are they? The A-21 circular definition: a. A cost is allocable to a particular cost objective (i.e., a specific function, project, sponsored agreement, department, or the like) if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative
The meaning of allocable is able to be allocated.