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Discover LudwigThe phrase "audited cost" is correct and usable in written English.
It can be used in contexts related to financial reporting, accounting, or project management where costs have been reviewed and verified by an auditor.
Example: "The audited cost of the project was significantly lower than the initial estimates, leading to a surplus in the budget."
Alternatives: "verified cost" or "reviewed cost".
Exact(2)
(C) At least two of the last three most recent audited cost reporting periods for which the Secretary has a settled cost report.
A more effective and intelligent policy, initiated after World War II during the Truman administration, had the federal government cover the full audited cost of research.
Similar(58)
After the year is over and the final, audited F&A cost rate negotiated, the fixed rate may turn out to have been too high or too low.
(D) The application of audited or negotiated indirect cost rates, labor rates, and cost of money or other factors.
It is doled out only to properly drawn-up projects, where the home country is sharing at least a bit of the cost, and with audited results.
The audited annual accounts build the cost frame and the calendar year defines the calculation period.
A spokesman for Bright Tribe said that all services provided were "in compliance with the Academies Financial Handbook, were provided at cost or less and audited, and the accounts of the trust correctly reflect this".
Therefore, participating hospitals provide case-cost data (a cost-matrix for every case), clinical case data (diagnoses, operations, and procedures, gender, age, etc)., additional service data (further service/activity information, e.g., operating room minutes, methods of allocation used, etc)., and a control total for costing based on the audited annual accounts of the hospital.
What settles the argument is drugmakers' audited financial statements, which show that costs of all kinds are far below what they collect in revenue.
Not only can a professional find all the deductions you are entitled to, he is also less likely to make mistakes that could cost you money later, if your return is audited and found to be inaccurate.
The International Labor Organization puts the cost at $1,500 to $3,000 per audit, and many factories are audited five or six times in one month, though the frequency varies greatly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com