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Briefing book excludes all materials discussed in Executive SessionHigh Cost and Low Income Audit Reports Briefing Book Monday, April 23, 2018 2:00 p.m. 5:00 p.m. Eastern Time Universal Service Administrative
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High cost and low refers to a financial report that details expenses that are above a certain threshold and expenses that are below that threshold.
Certain organizations or entities are required to file a high cost and low report, such as government agencies, non-profit organizations, and businesses that receive funding from grants or contracts.
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The purpose of high cost and low reporting is to provide transparency and accountability in financial expenditures, especially for organizations that receive public funds.
The report must include detailed information on expenses that exceed the threshold, as well as expenses that fall below the threshold, providing a clear picture of the organization's financial activities.
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