### Question
What does incurred cost audit mean?


### Answer
**Incurred cost audit** has the following meaning in *10 U.S.C. § 3842*:

> an audit of charges to the Government by a contractor under a flexibly priced contract

#### Citation:
  - *10 U.S.C. § 3842*
  - Heading: **Subtitle A-General Military Law > PART V-ACQUISITION > Subpart D-General Contracting Provisions > CHAPTER 279-CONTRACTOR AUDITS AND ACCOUNTING**

