________ is a cost that the contract parties agree to include in the costs to be reimbursed.
A)An allowable cost
B)An unallowable cost
C)An incremental cost
D)A stand-alone cost

Question

Quizplus · Accepted Answer

An allowable cost is a cost that has been agreed upon by the contract parties to be included in the costs to be reimbursed. These costs are typically outlined in the contract and may include direct and indirect costs associated with the project. Allowable costs are typically reasonable and necessary expenses that are directly related to the project and are incurred within the period of performance.

________ Is a Cost That the Contract Parties Agree to Include