Question: ANSWER TO BE IN NOT LESS THAN 125 WORDS AND NOT MORE THAN 200 WORDS Discuss the terms allocable and allowable as they pertain to

ANSWER TO BE IN NOT LESS THAN 125 WORDS AND NOT MORE THAN 200 WORDS

Discuss the terms allocable and allowable as they pertain to costs and Government contracts. The terms are similar and often confused. Are they interchangable?

(REFERENCE : LESSON 11, CHAPTER 10, PAGES 221-227) Eight edition Federal Acquisition and Contract Managment

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