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<br />", <br /> <br />" <br /> <br />, <br /> <br />. <br /> <br />. <br /> <br />.' <br /> <br />(l) Accrued expenditures. - Accrued expenditures are the charges <br />incurred by the reclplent during a given period requiring the provi- <br />sion of funds for: (a) goods and other tangible property received; <br />(b) services performed by elllployees, subcontractors, and other <br />payees; and (c) other amounts becoming owed under programs for wh ich <br />no current services or performance is required such as annuities, <br />insurance claims, and other benefit payments. <br /> <br />(2) Federal funds authorized. - Federal funds authorized are <br />the total amount of federal funds obligated by the Federal Government <br />for use by the recipient. This amount may include allY authorized <br />carryover of unobl igated funds from pr ior fiscal years when permitted <br />by law or agency regulation. '. <br /> <br />(J) Obl iqat ions. - Obl igat ions are the amounts of orders placed, <br />subcontracts awarded, services received, and similar transactions <br />during a given period that will require payment by the recipient <br />during the swoe or a future period. <br /> <br />(4) Outlays. - Outlays or expenditures represent charges made <br />to the prOJect or program. They may be reported on a cash or <br />accrual basis. For reports prepared on a cash basis, outlays <br />are the sum of actual cash disbursements for direct charges for <br />990dS and servicc;s, thp. aOXlunt of indirect expensp. charged, and <br />the amount of cash advances and payments mode to subcontractors. <br />For reports prepared on an accrual basis, outlays are the sum <br />of actual cash disbursements for direct charges for goods and <br />services, the amount of indirect expense incurred, and the .let <br />increase (or decrease) in the amount s owned by the rec ip ients <br />. for goods and other property received, for services performed' <br />by emp loyees, subcontractors, and other payees and other amounts <br />becoming owed under programs for which no' current services or perform- <br />ance are required such as annuities, insurance claims, and other <br />benefit payments. <br /> <br />(5) Unobligated balance. - The unobligated balance is the portion of <br />the funds authorlzed by the Federal agency that has not been obligated <br />by the recipient and is determined by deducting the cumulative <br />obligations from the cumulative funds authorized. <br /> <br />(6) Unliquidated obli,ations. - For reports prepared on a cash <br />basis, unllquldated ob 19atlofls represent the amount of obliga- <br />tions incurred by the recipient that has not been paid. For reports <br />prepared on an accrued expenditure basis, they represent the dnXlunt <br />of obligations incurreO by the recipient for which an outlay has not <br />been recorded. <br /> <br />b. Only the following forms are authorized for obtaining financial <br />information from recipients. <br /> <br />i: <br />