Which of the Following Costs Is Included in Labour Cost

question 88

Multiple Choice

Which of the following costs is included in labour cost flows?

• A)direct labour cost
• B)indirect labour cost
• C)administration cost
• D)direct materials cost

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Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.

Insurance Programs

Schemes offered by companies or governments to provide financial protection and risk management for individuals, properties, and liabilities.