The distribution of indirect expenses from multiple-allocation bases applies to all non-Federal entities, not just IHEs. Recommend re-wording 332 as follows:
A code denoting the indirect cost pool established for the accumulation of indirect costs. Used in conjunction with Cost Accounting Allocation Base to identify how accumulated indirect costs are distributed to Federally- sponsored agreements or other cost objectives within each major function or activity. (248, augmented)
The distribution of indirect expenses from multiple-allocation bases applies to all non-Federal entities, not just IHEs. Recommend re-wording 332 as follows: A code denoting the indirect cost pool established for the accumulation of indirect costs. Used in conjunction with Cost Accounting Allocation Base to identify how accumulated indirect costs are distributed to Federally- sponsored agreements or other cost objectives within each major function or activity. (248, augmented)