Below Is a List of Expenses; You Are to Identify

question 89

Short Answer

Below is a list of expenses; you are to identify each as either [1] a direct expense or [2] an indirect expense.
-Insurance paid on employees working in high risk areas of a machine shop. ________

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Definitions:

Specializes

Refers to the focus of a business, region, or economy on the production of a limited scope of goods or services to gain a greater degree of efficiency.

System of Exchange

A structured arrangement through which trade is conducted, often involving a medium of exchange such as money.

International Trade

The exchange of goods and services across international borders or territories, which involves the importation and exportation of goods.

Self-sufficiency

The ability of an individual or nation to provide for their own needs without external assistance.