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Questioned costs refer to expenses claimed by a contractor or grantee that are disputed or not clearly allowable under the terms of a contract or grant agreement. These costs may arise from issues such as inadequate documentation, non-compliance with regulations, or inappropriate charges. Auditors often identify questioned costs during financial audits, and they may require further investigation or justification from the entity involved. Ultimately, these costs may be disallowed, leading to financial adjustments or reimbursements.
What else can I help you with?
Do you get reimbursed if you turn in a counterfeit bill?
No - If you did, EVERYONE would be doing it ! You are much more likely to be arrested and questioned as to where you had got it from.
Why should you keep records of income tax?
You should keep records of your income tax to prove you did it correctly if questioned later.
Is fire a selling cost manufacturing cost direct manufacturing cost indirect administraitve cost fixed cost or variable cost?
Is fire a selling cost, direct manufacturing cost, indirect manufacturing cost, administrative cost, foxed cost or variable cost.
What are the types of cost center?
Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center
Is janitorial cost a variable cost?
No, Janitorial Cost is not a variable cost, it is a Fixed Cost.
In contracting what is a questioned cost?
A questioned cost in contracting refers to an expenditure that an auditor or oversight body has identified as potentially unallowable, unsupported, or inappropriate under the terms of a contract or applicable regulations. This may arise from issues like inadequate documentation, non-compliance with contract provisions, or a lack of justification for the expense. Questioned costs can lead to disallowances or adjustments in payments, impacting the contractor’s financial obligations. It is essential for contractors to address and resolve questioned costs to ensure compliance and maintain their funding.
Is questioned transitive or intransitive?
The verb 'questioned' can be transitive or intransitive. Examples: Transitive: I was questioned endlessly. Intransitive: I questioned the veracity of the his excuse.
How can you use questioned in a sentence?
"The Police questioned the suspect."
What is synonym of questioned?
"Interrogated" is a synonym of questioned.
What does the word questioned mean or What are synonyms of the word questioned?
questioned means to be asked. synonyms might include: asked, interrigated, drilled
Is the word questioned a verb?
Yes, "questioned" can be a verb. It is the past tense and past participle form of the verb "question."
What is the past tense of question?
The past tense of question is questioned.
What part of speech would you have questioned him?
would - verb you - pronoun have - verb questioned - verb him - pronoun
When was American Society of Questioned Document Examiners created?
American Society of Questioned Document Examiners was created in 1942.
As a strict constructionist's President Thomas Jefferson questioned the constitutional right to?
Thomas Jefferson questioned the right to buy the Louisiana Purchase.
What is a verb that starts with q?
questioned
What is it called to be interrogated?
Questioned or grilled.
