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Which statement is accurate? In transit insurance cost must be tracked as a direct cost of the insured material. Inbound transportation cost must be charged

Which statement is accurate?


In transit insurance cost must be tracked as a direct cost of the insured material.


Inbound transportation cost must be charged as an indirect cost. 


Collateral material costs may be treated as direct or indirect costs, provided the contractor is consistent. 


The costs of transporting material are allowable, but the costs of insuring material in transit are not allowable

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