RECOMMENDED!!ACCOUNTING 492-A faculty member with a federal grant is

  

Scenario 1: A faculty member with a federal grant is scheduled to share significant project findings by giving a keynote address next month at an international conference. Due to a recent surgery, the faculty member was advised by her doctor that, as a precautionary measure against complications, she should travel first-class rather than coach for the 12 hour flight. The faculty member then contacts you for advice about using grant funds to pay for her first-class airline ticket. What do you recommend?Scenario 2: A faculty member with six months remaining on a three-year grant from the National Science Foundation contacts you for advice about purchasing a major piece of scientific instrumentation to help spend down remaining funds. What do you recommend?

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