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Training Plan PPM Version 2.0Project or Solution Name. S. Department of Housing and Urban DevelopmentMonth, Reversion 2.0 January 2014Training Absolution Information Solution Resolution AcronymSolution
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Project cost accounting system is a method of tracking and recording all costs associated with a specific project or job.
Government contractors and subcontractors are typically required to file project cost accounting system as part of their contract requirements.
Project cost accounting system can be filled out by recording all costs incurred during the project, including labor, materials, overhead, and any other expenses.
The purpose of project cost accounting system is to accurately track and report all costs associated with a project to ensure compliance with contract requirements and to help manage project costs.
Information that must be reported on project cost accounting system includes labor costs, material costs, subcontractor costs, overhead costs, and any other direct and indirect costs related to the project.
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