CONSISTENT TREATMENT
Costs must receive consistent treatment. This means that costs must be the same for all activities.
ACTIVITY
Complete the practice quiz below:
NET COSTS
All costs must be net costs. This means all applicable credit should be applied to costs.
ACTIVITY
Your sponsoring organization purchased office supplies. This cost was approved in your budget and you followed all required procurement steps. The total of the supplies was $350. However, you received a $150 instant rebate. How much can you charge to the CACFP?
$200
Tap to Reveal Answer
CORRECT!
The original cost ($350) minus the instant rebate ($150)
$500
Tap to Reveal Answer
