Define "Indirect Costs", Give at Least Three Examples of Costs

question 38

Essay

Define "Indirect costs", give at least three examples of costs that are considered indirect costs, and explain how an indirect cost get allocated to programs.

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Definitions:

Matrices

Rectangular arrays of numbers, symbols, or expressions arranged in rows and columns that are subject to specific mathematical rules.

Implement

To put into effect or action; to execute a plan, agreement, or method.

Evaluate

The process of making a judgment or forming an opinion about something after careful consideration of its merits and demerits.

Define

To explain the meaning of a word, phrase, or concept.