### Question
Can you define what qualified incurred cost submission means?


### Answer
**Qualified incurred cost submission** is defined as the following in *10 U.S.C. § 2313b*:

> a submission by a contractor of costs incurred under a flexibly priced contract that has been qualified by the Department of Defense as sufficient to conduct an incurred cost audit

#### Citation:
  - *10 U.S.C. § 2313b*
  - Heading: **Subtitle A-General Military Law > PART IV-SERVICE, SUPPLY, AND PROCUREMENT > CHAPTER 137-PROCUREMENT GENERALLY**

