5 Questions
Which one of the following best defines cost sharing?
The portion of project costs not borne by the sponsor
What is the difference between mandatory cost sharing and committed cost sharing?
Mandatory cost sharing is required by the sponsor, while committed cost sharing is quantified in the proposal
What is an example of voluntary committed cost sharing?
When USC provides additional funding for a project beyond what the sponsor requires
What does USC pledge to contribute in an example of cost sharing?
$50,000
When does cost sharing occur?
When any portion of project costs is provided at USC's expense
Test your knowledge on cost sharing and budget development guidelines with this quiz from the Department of Contracts and Grants. Learn about the elements of a budget and how cost sharing impacts project costs.
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