Examlex
Indirect costs are often pooled,and not allocated individually because:
Accrued Interest
Interest that has been incurred but not yet paid, reflecting the cost of borrowing or the earnings from lending money over a specific period.
Semiannual Interest
Interest on a loan or investment calculated and paid twice a year, typically at a fixed rate.
Parent Company
A parent company is a corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
Subsidiary Company
A subsidiary company is one that is controlled by another company, typically referred to as the parent company, through ownership of more than half of the subsidiary’s voting stock.
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