Examlex
Which of the following statements best describes an indirect cost?
Simplify
To make something less complex or easier to understand, often by reducing it to its basic components.
Reliable Laser
A laser device known for consistent performance and dependability in its intended applications.
Mutual Fund
An investment program funded by shareholders that trades in diversified holdings and is professionally managed.
Annual Management Fee
A charge by investment managers for managing assets, calculated as a percentage of the total assets under management annually.
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