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Pages 4-4

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From page 4...
... In Chapter 3 of this report, the committee identifies a number of alternative methodologies that are similar to condition assessment surveys or the total life-cycle cost method or combine elements of the two. Allowing agencies greater flexibility in choosing methodologies, including statistical sampling, to report deferred maintenance and repairs for facilities mav help to better align the objectives and methodologies of federal financial reporting and FASAB Standard Number 6, as amended.

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