Which section discusses cost principles according to UG 200?

The section that discusses cost principles according to Uniform Guidance (UG) 200 is found in UG 200.400 Subpart E. This section specifically outlines the fundamental principles applicable to costs incurred by non-federal entities under federal awards. It details allowable and unallowable costs, as well as the factors that determine the allowability of costs, ensuring that grant funds are used effectively and in accordance with federal regulations.

Understanding the content of this section is essential for grants management professionals as it provides the framework for budgeting and expense reporting, helping organizations remain compliant with federal guidelines while managing their funding effectively. The principles outlined in this section guide organizations in making sound financial decisions regarding their federal awards and prevent the misuse of funds.