Page 88 - VYSNOVA PROGRAM MANAGEMENT GUIDE 20200625

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ANNEX K: Glossary

Term Definition
Accounting Codes Set of numbers used to differentiate and classify the financial operations.
The Department that collects all expenses and records them to direct and
Accounting Department
indirect cost objectives.
Accounts Payable Money owed to creditors; a current liability.
Money due from rendering services or selling merchandise on credit; a current
Accounts Receivable
asset.
ACH/EFT/Wire A transmittal to a company/individual bank account.
ACRN (Accounting
Classification
Reference Number) Prefix used for tracking expenditures against contract line items.
This rate is after the year financials are closed and the Incurred Cost
Actual Indirect Rate: Submission (ICS) is completed. This is the true rate that the company ended
up with after all cost are in and finalized.
Compensation provided to employees in addition to the monthly salary. The
Benefits benefits package may include annual & sick leave, holidays, health insurance,
401k, year-end awards. Cost are part of the Fringe Cost Pool

CAS (Cost Accounting Regulations applicable to select contractors to address the measurement,
Standards) assignment, and allocation of costs to government contracts.
Chart of Accounts List of Vysnova, Inc. accounting codes that segregate the type of expense.
Check Bank document used instead of cash to pay for goods and services.
Bank account used by Vysnova for depositing, wiring and disbursing funds
Checking Account
related to the indirect and direct operations.
CLIN (contract line item
number) A specific unit of work to be performed by the contractor.
This plan states who will send and receive information on aspects of the
Communications project, what details are communicated, and when communications are
management plan sent. It is part of the project management plan.
CPFF (Cost-Plus-Fixed-
Fee) Reimburses the contractor for costs and adds a negotiated fee.
DCAA (Defense Responsible for auditing Department of Defense contracts and can be
Contract Audit Agency) brought in by other agencies to assist with audits.
A final product or product component that must be provided to a client or
Deliverable stakeholder according to contractual stipulations.
The individual manuals for each functional area or department that make
Department manuals up the Vysnova Operations Manual (e.g. HR Manual, Accounting Manual)
DFARS (Defense
Federal Acquisition
Regulation
Supplement) A FAR supplement issued by the Department of Defense.
Expenses defined as project related expenses and therefore charged to the
Direct Expenses client for reimbursement (i.e., salaries, office supplies, rent, materials, ODC’s,
travel, etc.).

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