Direct Costs Are Sometimes Referred to as Prime Costs, and Indirect

question 39

True/False

Direct costs are sometimes referred to as prime costs, and indirect costs as overhead costs.

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Definitions:

Component-based Development

A software engineering approach where systems are developed using reusable components, promoting modularity and efficiency.

Web Services

Programs created to facilitate interaction between machines over a network, ensuring they can work together efficiently.

End-user Development

The practice of allowing end-users, who are not professional developers, to create or modify software applications or systems.

Bypasses IS Department

Refers to actions or decisions within an organization that avoid or circumvent the information systems department, typically to speed up processes or due to perceived inefficiencies.