What is Indirect Expence?
Answers
Answer:
Indirect costs are costs that are not directly accountable to a cost object. Indirect costs may be either fixed or variable. Indirect costs include administration, personnel and security costs. These are those costs which are not directly related to production. Some indirect costs may be overhead.
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Answer:
HI MATE !
➨ Indirect Expenses ➨
➣ Indirect expenses are those expenses that are incurred to operate a business as a whole or a segment of a business, and so cannot be directly associated with a cost object, such as a product, service, or customer.
➣ Examples of indirect expenses generally include insurance, utilities, and general home repairs.
➣ Since these are expenses you would pay for the entire home/business, these are considered indirect expenses.