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A 'Cost-Allocation Base' Links an Indirect Cost or Group of Indirect

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A 'cost-allocation base' links an indirect cost or group of indirect costs to a cost object;the term can be used interchangeably with 'cost-driver rate' when dealing with indirect costs.


Definitions:

Supreme Court

A court at the apex of a judicial system, with the power to interpret the constitution and make binding legal decisions.

Jurisdiction

The official power to make legal decisions and judgments, typically in the context of a geographical area, a range of legal matters, or over certain types of legal cases.

Jurisdiction

The official power to make legal decisions and judgments, often within a specific geographic area or over certain types of cases.

Supreme Court

The highest judicial body in a country, often having the ultimate appellate jurisdiction and, in some cases, the authority of judicial review.

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