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ANSWER TO BE IN NOT LESS THAN 125 WORDS AND NOT MORE THAN 200 WORDS What are the regualtions defining cost principles in Government contracting?

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

What are the regualtions defining cost principles in Government contracting? Briefly, what is the history of their development, and why are they important to both fixed price and cost reimbursement contract.

(REFERENCE: LESSON 11, CHAPTER 10 PAGES 221-230) Eight Edition

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