Which of the following costs would be allowable under OMB Circular A-87?
A) Advertising on the Internet by a defense contractor.
B) Lobbying for continuation of an educational program by the school administrator.
C) Indirect costs of the state legislature.
D) Depreciation expense on the equipment used in a federal research grant.

Question

Quizplus · Accepted Answer

OMB Circular A-87 allows for the depreciation expense on equipment used in a federal research grant. Option A is not allowable as advertising costs are generally unallowable. Option B is not allowed as lobbying and political activity costs are unallowable. Option C is not allowed as legislative lobbying costs are unallowable.

Which of the Following Costs Would Be Allowable Under OMB