Costs That Repeat as Project Work Continues Such as Writing

question 23

Multiple Choice

Costs that repeat as project work continues such as writing code are appropriately classified as:

• A) fixed costs.
• B) indirect costs.
• C) nonrecurring costs.
• D) recurring costs

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Definitions:

Quasi-contractual

A legal concept where a court enforces an obligation on parties as if they had entered into a contract, to prevent unjust enrichment.

Necessaries

Essential items required for living, often related to contracts for minors for goods and services essential to their welfare.

Disaffirmance

The act of denying, refusing, or contradicting an assertion or contract, especially in legal contexts.

Necessaries

Items considered essential for maintaining a person’s standard of living, such as food, clothing, and shelter, which one is legally obligated to provide for dependants.