Derek is preparing a budget for his research project, and the institute he is submitting the proposal to receives many funding proposals. Which of the following budgeting guidelines should Derek follow?
A) Always ask for as little as possible, since the lower the budget, the higher the chance of approval.
B) Be sure to justify costs such as travel that may appear to benefit him more than the sponsor.
C) Costs pertaining to travel and equipment should be ignored.
D) Avoid including indirect costs for administration and infrastructure.
E) Do not include costs that will be paid from other sources.

Question

Quizplus · Accepted Answer

Justifying costs that may appear to benefit the researcher more than the sponsor demonstrates transparency and accountability in budgeting.

Derek Is Preparing a Budget for His Research Project, and the Institute