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What else can I help you with?
What is suffix of allow?
It is allowed, allowing, allowable, allowment, allowability, allowableness, and probably some more.
In Government contracting one criterion for cost allowability is that the contractor's costs must comply with Generally Accepted Accounting Principles (GAAP) and Government Cost Accounting Standards (?
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Tax planning in respect of managerial remuneration?
corporate assesses are required to pay utmost attention while framing the remuneration policy for their personnel. it requires the full knowledge of income tax laws and other allied economic and corporate laws like the companies act in regard to allowability and taxation of salary income of executives and directors, etc.
Is the quarterly GSA IFF fee an unallowable expense or an allowable expense?
The quarterly GSA IFF (Industrial Funding Fee) is generally considered an allowable expense for federal contractors. This fee is part of the costs associated with doing business under GSA contracts and is typically reimbursable to the contractor. However, it is essential for contractors to ensure that they comply with the specific terms of their contract and applicable federal regulations regarding cost allowability. Always consult the relevant guidelines or legal counsel for specific situations.
In Government contracting one criterion for cost allowability is that the contractor's costs must comply with Generally Accepted Accounting Principles (GAAP) and .?
In government contracting, costs must not only comply with Generally Accepted Accounting Principles (GAAP) but also adhere to the Federal Acquisition Regulation (FAR) guidelines. This ensures that costs are reasonable, allocable, and necessary for contract performance. Additionally, contractors must maintain proper documentation to substantiate their costs, ensuring transparency and accountability in financial reporting. Non-compliance with these standards can lead to cost disallowance and potential penalties.
