Cost Sharing and Budget Development Guidelines Quiz
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Questions and Answers

Which one of the following best defines cost sharing?

  • The portion of project costs borne by the sponsor
  • The portion of project costs borne by USC
  • The portion of project costs not borne by USC
  • The portion of project costs not borne by the sponsor (correct)

What is the difference between mandatory cost sharing and committed cost sharing?

  • Mandatory cost sharing is quantified in the proposal, while committed cost sharing is required by the sponsor
  • Mandatory cost sharing is borne by the sponsor, while committed cost sharing is borne by USC
  • Mandatory cost sharing is required by the sponsor, while committed cost sharing is quantified in the proposal (correct)
  • Mandatory cost sharing is borne by USC, while committed cost sharing is borne by the sponsor

What is an example of voluntary committed cost sharing?

  • When USC provides additional funding for a project beyond what the sponsor requires (correct)
  • When USC charges less than the federally allowed overhead
  • When the sponsor charges less than the federally allowed overhead
  • When the sponsor provides additional funding for a project beyond what USC requires

What does USC pledge to contribute in an example of cost sharing?

<p>$50,000 (D)</p> Signup and view all the answers

When does cost sharing occur?

<p>When any portion of project costs is provided at USC's expense (B)</p> Signup and view all the answers

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