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Is there a time limit for disbursement of accrued cost per cost report?

April 26, 2017accrued COST disbursement limit report time

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Is there a time limit for disbursement of accrued cost per cost report?

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A. In general, a liability must be liquidated within one year of the ending of the cost report period for the expense to be considered valid. However, there are exceptions and variations, depending on the type of the expense. Please see CMS Pub 15-1, Section 2305 for further details.