Projects Often Include Indirect Costs That Are Necessary to Keep

question 6

Multiple Choice

Projects often include indirect costs that are necessary to keep the organization running,but are not associated with one specific project.Which of the following items are most typically considered to be indirect costs?​ 

• A) costs associated with material and purchased parts 
• B) the cost of labor provided by project team members, consultants and subcontractors 
• C) executive salaries, utilities and insurance 
• D) travel cost for the project team

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Definitions:

Repaid

The action of paying back borrowed money to the lender.

Focal Date

A specific date of interest or importance within a plan, study, or project that serves as a central point of reference.

Economically Equivalent

A term used to describe two or more scenarios that have the same economic impact or value, despite being different in form or structure.

Payments

The transfer of money, goods, or services in exchange for a product or service.