3. Cost. All accounting records must be carefully closed out, including cost accounting records, lists of materials

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3. Cost. All accounting records must be carefully closed out, including cost accounting records, lists of materials or other resources used, and any major purchases, rebates, or other budgetary items. All cost accounts related to the project must be closed at this time, and any unused funds or budget resources that are still in the project account must be reverted back to the general company budget.

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