Most Direct Costs Are

question 8

Multiple Choice

Most direct costs are:

• A)overhead costs.
• B)general and administrative costs.
• C)fixed costs.
• D)variable costs.
• E)semivariable costs.

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Definitions:

IPO

Initial public offering. Stock in a new company offered to the public for the first time. Such stock tends to make a volatile, high-risk investment.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.

Institutional Investors

Organizations that invest large volumes of money in securities, real estate, and other investment assets, including pension funds, insurance companies, and banks.

Goes Public

The process by which a privately-held company offers its shares to the public for the first time, through an initial public offering (IPO).