economics

Indirect Cost

Indirect Cost - Definition A resource or Activity cost that cannot be directly traced to a final Cost Object since no direct or repeatable cause-and-effect relationship exists. An indirect cost uses an Assignment or Allocation to transfer cost. There are two types of Indirect Cos

What is Indirect Cost?

Indirect Cost - Definition A resource or Activity cost that cannot be directly traced to a final Cost Object since no direct or repeatable cause-and-effect relationship exists. An indirect cost uses an Assignment or Allocation to transfer cost. There are two types of Indirect Cos

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