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Which of the following statements about advance agreements is untrue? (a) Advance agreements may only be negotiated before a contract (b) Advance agreements must be

Which of the following statements about advance agreements is untrue?

(a) Advance agreements may only be negotiated before a contract

(b) Advance agreements must be in writing

(c) Advance agreements may not provide that costs that are otherwise

determined to be unallowable in the cost principle will be allowable

(d) None of the above

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