A Cost That Is Not Directly Traceable to a Particular

question 45

True/False

A cost that is not directly traceable to a particular cost object is called an indirect cost.

---

Definitions:

Flexibility

The capacity to adapt to new, different, or changing requirements and conditions.

Tactical Planning

Short-term, detailed planning that focuses on achieving specific goals or objectives within a limited timeframe.

Mitigation Planning

A strategic approach to lessen the severity and impact of potential risks and disasters on a project or organization.

Strategic Planning

The process of defining an organization’s direction and making decisions on allocating its resources to pursue this strategy.