Accounting for Defense Contracts |
Contents
AN INTRODUCTION | 1 |
Value and volume of procurement Table 2 Nature | 7 |
Chapter | 16 |
Copyright | |
9 other sections not shown
Common terms and phrases
absorption costing accepted accounting principles accounting period accounting system activities administrative expenses amortization amount applicable arising ASPR audit auditor base basis benefit capital charged circumstances compensation computed contingencies contract costs contracting officer contractor cost accounting cost data cost objectives cost principles cost-type contracts costs are allowable costs incurred Costs These costs defense contracts Department of Defense depreciation determination direct costs direct labor distribution employees engineering equipment equitable estimated expense pool extent facilities contract factors factory overhead fixed assets fixed price contracts home office included indirect expenses inventory items of cost loss maintenance materials ment method negotiation normal operations overhead pool payment percent performance plant portion premium expense production profit purchased reasonable reimbursement research agreements revenue Section XV settlement expenses share special tooling specific standard starting load costs subcontracts substantial taxes termination claim tion total cost type contracts unallowable