FAR Certified Cost Or Pricing Data Specialist

Before making a voluntary change in an established cost accounting practice, what must a contractor do?

Notify the contracting officer within 30 days after implementing the change Submit a revised Disclosure Statement and obtain CFAO approval Report the change directly to the CASB within 60 days Obtain DCAA audit clearance before proceeding

Correct Answer:

Submit a revised Disclosure Statement and obtain CFAO approval

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