Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
242.7501 - 242.7501 Definitions.

As used in this subpart—

Acceptable accounting system, and accounting system are defined in the clause at 252.242-7006, Accounting System Administration.

Significant deficiency is defined in the clause at 252.242-7006, Accounting System Administration.

authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36437, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 242.7501