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What may happen if too short of an arc length is used?
Direct/Indirect
Terms used to classify costs or activities based on their relationship to a cost object, with direct costs being easily traceable and indirect costs not directly linked.
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Services that are unique or custom in nature, not following a standard repetitive process.
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A method of assigning the costs of labor, materials, and overhead to a specific job or project, making it easier to track the total expenses against the revenue produced by that job.
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The part of a company's operations that is dedicated to administrative functions that support the company's business operations but do not directly interact with customers.
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