14B NCAC 05 .0309. DISALLOWED COSTS

Latest version.

Due to the administrative costs involved in processing a refund from grantees, disallowed federal costs may not be required to be refunded. All questioned and/or disallowed costs for any amount must be fully explained in the auditor's report; however, it is the executive director's responsibility to decide if a refund is required, based on the reasons for the disallowed costs.

History Note: Authority G.S. 143B-477; 143B-479;

Eff. April 1, 1988;

Transferred from 14A NCAC 07 .0316 Eff. June 1, 2013.

                    
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