Examples of Direct Pay Include Which of the Following

question 71

Multiple Choice

Examples of direct pay include which of the following?

• A) Flexible hours
• B) Performance-based pay
• C) Career and social rewards
• D) Job security

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Definitions:

Indirect Costs

Costs that are not directly traceable to a specific product or service but are necessary for the operation of a business, such as overhead expenses.

Apportion

To divide and allocate proportions or shares of a total amount among different entities based on a set criteria or formula.

Total Cost

The sum of all expenses incurred in producing a product or delivering a service, including direct costs like materials and labor, and indirect costs such as overhead.

Contribution Margin

A department’s net profit, used to cover indirect expenses.