In Program Management, Indirect Costs Include Such Things as Salaries

question 47

True/False

In program management, indirect costs include such things as salaries and wages of program personnel, materials needed, travel expenses, and equipment.

---

Definitions:

Financing Statement

A document filed to give public notice of a secured party's interest in the debtor's collateral under the Uniform Commercial Code.

Luxury Goods

High-quality and often expensive products that are not essential but perceived as highly desirable within a specific culture or society.

Termination Statement

An amendment to a financing statement which states that the debtor has no obligation to the secured party.

Financing Statement

A Financing Statement is a document filed to give public notice of a secured party's interest in the personal property of a debtor, used mainly in secured transactions.