Difference between revisions of "Bad Debts"
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(Created page with " == Bad Debts - FAR 31.205-3 == == Allowable or Unallowable? == Unallowable == Summary == Bad debts, including actual or estimated losses arising from uncollectible accounts...") |
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| − | + | {{Cost Allowability | |
| + | |Allowable or Unallowable=Unallowable | ||
| + | |Regulation Source=Federal Acquisition Regulation (FAR) | ||
| + | }} | ||
== Bad Debts - FAR 31.205-3 == | == Bad Debts - FAR 31.205-3 == | ||
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== Summary == | == Summary == | ||
| − | Bad debts, including actual or estimated losses arising from uncollectible accounts receivable due from customers and other claims, and any directly associated costs such as collection costs, and legal costs are unallowable. This cost principle also applies to other business transactions and employees.<ref>FAR 31</ref> | + | |
| + | '''Bad debts, including actual or estimated losses arising from uncollectible accounts receivable due from customers and other claims, and any directly associated costs such as collection costs, and legal costs are unallowable.''' This cost principle also applies to other business transactions and employees.<ref>FAR 31</ref> | ||
==References and Notes== | ==References and Notes== | ||
<References/> | <References/> | ||
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Latest revision as of 11:08, 28 March 2015
Allowable or Unallowable: Unallowable
Source: "Federal Acquisition Regulation (FAR)" is not in the list of possible values (Other, FAR, DFAR) for this property.
Bad Debts - FAR 31.205-3
Summary
Bad debts, including actual or estimated losses arising from uncollectible accounts receivable due from customers and other claims, and any directly associated costs such as collection costs, and legal costs are unallowable. This cost principle also applies to other business transactions and employees.[1]
References and Notes
- ↑ FAR 31
