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CAS 401 – Consistency in Estimating, Accumulating, and Reporting Costs

by David Capitano, Instructor/Cost Accounting Consultant | Dec 4, 2012 | Government Contracts Education, The Practical CAS

Provision of the week:  CAS 401-50(a)  {48 CFR 9904.401-50(a)}   Provision:  The level of detail in estimating shall be such that any significant cost can be compared with the actual cost accumulated and reported.   Example of a Compliant Practice:  The...

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