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contractor incurs restructuring costs of $1,000,000. The contractor proposes to expense the entire $1,000,000 in the current period. The Contracting Officer agrees that such treatment
contractor incurs restructuring costs of $1,000,000. The contractor proposes to expense the entire $1,000,000 in the current period. The Contracting Officer agrees that such treatment will result in a more equitable assignment of costs. Is the contractor permitted to expense the entire $1,000,000 in accordance with the provisions of the interpretation to Cost Accounting Standard (CAS) 406? Yes No
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