Indirect Costs Are

question 54

Multiple Choice

Indirect costs are:

• A)directly related to performing the project. 
• B)those that cannot be allocated to projects. 
• C)those that can be easily controlled by managers. 
• D)not directly related to the products or services of a project.

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Definitions:

FUTA Taxes

Federal Unemployment Tax Act taxes, which are payroll taxes paid by employers to fund unemployment benefits.

Payroll Taxes

Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

Social Security

A government program that provides financial assistance to retirees, disabled individuals, and survivors of deceased workers.

Payroll Tax Expense

Charges applied to employers or their employees, often determined by a portion of the payrolls that workers earn from their companies.