An Example of a Numerator Reason for Calculating Annual Indirect-Cost

question 57

Multiple Choice

An example of a numerator reason for calculating annual indirect-cost rates includes ________.

• A) fewer production workdays in a month
• B) cost of raw materials purchased
• C) higher snow-removal costs during the winter
• D) the number of units produced

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Definitions:

Canadian Pacific Railroad

A historic railway company in Canada, established in the 19th century, playing a significant role in the development of the nation's commerce and industry.

Yield

The income return on an investment, such as the interest or dividends received, often expressed as a percentage of the investment's cost or current value.

Principle Due

The portion of a loan or mortgage payment that reduces the original amount borrowed; it does not include interest or additional fees.

Interest Rate

The percentage of an amount of money charged for its use per a certain period, often annually, by a lender to a borrower.