### Question
How does the law define numeric materiality standard?


### Answer
Under *10 U.S.C. § 2313b*, **numeric materiality standard** is defined as:

> a dollar amount of misstatements, including omissions, contained in an incurred cost audit that would be material if the misstatements, individually or in the aggregate, could reasonably be expected to influence the economic decisions of the Government made on the basis of the 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**

