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To Be Sure of Passing an Audit, Employers Should Collect

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To be sure of passing an audit, employers should collect more documents than is minimally required to accompany the I-9 form.


Definitions:

Actual Cost

The true, total expense incurred for a project, activity, or item.

Earned Value

A project management technique for measuring project performance and progress in an objective manner.

Actual Cost

The final, real amount spent on completing a specific task, project, or acquisition, as opposed to estimated or budgeted costs.

Cost Performance Index

A measure in project management that calculates the financial efficiency and cost control of a project by dividing the earned value by the actual cost.

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