In U.S.government contracting firms,errors in accounting for costs can then lead to overcharging the government and penalties and fines for the companies.

Question

Quizplus · Accepted Answer

This statement is true. Government contracting firms are required to accurately account for costs associated with their contracts, and errors in accounting can result in overcharging the government. This can lead to penalties and fines for the companies involved.

In USGovernment Contracting Firms,errors in Accounting for Costs Can Then Lead