Indirect Costs Are

question 118

Multiple Choice

Indirect costs are:

• A)costs that are not worth the effort to trace to a specific cost object.
• B)costs that change,in total,in direct proportion to changes in activity levels.
• C)always irrelevant.
• D)costs that remain constant no matter the activity level.

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Definitions:

Mortgage Rate

The interest rate charged by a lender for a loan used to purchase a property.

Average Cost

The total cost of production divided by the number of units produced, representing the cost per unit.

Shares

Units of ownership in a company or financial asset, giving shareholders a portion of the company's profits and voting rights.

PST

Depending on the context, this could stand for Pacific Standard Time, which is the time zone observed on the west coast of the United States, or Provincial Sales Tax, a tax imposed by some Canadian provinces.