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Federal Contracting Made Easy, 4th Edition by Scott A. Stanberry

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Glossary

The glossary terms enclosed in a box represent a little government contracting humor. (They may or may not be more accurate than the formal definitions).

Accumulating Costs

The collecting of cost data in an organized and consistent manner, such as through a chart of accounts or a general ledger.

Administrative Contracting Officer (ACO)

A contracting officer who is responsible for administrative functions after a contract is awarded. ...

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