Examlex
Which of the following is not generally required in order to have a valid contract?
Direct Expenses
Expenses directly linked to a specific product, service, or project, like materials and work.
Profit Center
A business unit or division that is responsible for generating its own revenue and profit, often evaluated independently of other units.
Controllable Costs
Costs that can be influenced or managed by decisions made by a specific level of management or segment of a business.
Indirect Expenses
Costs that are not directly linked to a specific product or service, such as utilities and administrative salaries.
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