Want an easy way to increase your profit? Then take 5 minutes to read this blog! Many companies overstate their unallowable costs by incorrectly interpreting the definition of “directly associated costs.” Ask yourself how you would treat the labor cost of an engineer who attends an unallowable domestic trade show. Your answer is likely- Unallowable. Many companies automatically identify the cost as unallowable since they interpret it as a directly associated cost of the tradeshow. After reading this blog, you will begin to treat some of these costs as allowable, thus, increasing your profit.
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