answersLogoWhite

0

Cost is allowable when it meets specific criteria set by relevant regulations or guidelines, such as being reasonable, allocable, necessary, and conforming to the terms of the agreement or contract. It must also comply with applicable laws and regulations and should be adequately documented. Additionally, costs cannot be prohibited by the funding agency or the contract terms. Understanding these criteria ensures that costs can be reimbursed or recognized within a project or program.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

Is not allowable proper English?

Yes, the term 'not allowable' is correct in English.The word 'allowable' is an adjective, a word that describes a noun: an allowable expense, an allowable activity, etc.The word 'not' is an adverb that can be used to modify the adjective allowable, for example:The gas is an allowable expense but the sandwich is not allowable.It is not allowable to make personal calls while at the front desk.


How do you write a sentence with the word allowable in it?

Some types of answers are not allowable on Answers.com, please see the rules for what is allowable.


Sentence for allowable?

Flip flops are not allowable footwear here.


Deferance between Cost of equity and cost of capital?

cost of equity denotes by "Ke" and cost of capital denotes by "Ko". Cost of Equity:- it is the expectation an investor has from his investment. it is actually the desire of investor. Cost of Debt:- it is the cost for the debt which we have raise for business . It is calculated at after tax cost as like interest is allowable in income tax.


Cost to mail 2 ounce letter?

In the U.S., 66 cents for first class mail, provided the letter is within allowable dimensions.


What is allowable structural capacity of pile in pile load test?

allowable structural capacity


What is the allowable bending stress for EN-8 shaft material?

allowable bending stress for en8


What is the relation between ultimate and allowable stress?

ultimate stress=Factor of safety*Allowable stress


What is allowable bending stress for en-8 shaft material?

allowable bending stress for en8


How do you use the word allowable in sentence?

the owner of the restaurant allowed us to brig our dog in side the restaurant


Allowable longitudinal slopes for highway road construction?

allowable longitudinal slopes for highway road construction


What is the opposite of unallowable?

Allowable.