Fundamental requirement.

  1. Law
  2. CFR 48
  3. Federal Acquisition Regulations System
  4. Cost Accounting Standards Board, Office of Federal Procurement Policy, Office of Management and Budget
  5. Procurement Practices and Cost Accounting Standards
  6. Cost Accounting Standards
  7. Fundamental requirement.

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9904.408-40 Fundamental requirement.

(a) The costs of compensated personal absence shall be assigned to the cost accounting period or periods in which the entitlement was earned.

(b) The costs of compensated personal absence for an entire cost accounting period shall be allocated pro-rata on an annual basis among the final cost objectives of that period.


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