Multiple Choice
Every item of proposed expense can be classified as either direct cost or an indirect cost. Which of the following is NOT an example of direct costs?
A) Salaries and wages of staff who work for only one program
B) Materials and supplies used exclusively in one program
C) Equipment used exclusively in one program
D) The cost of custodial work for the building
Correct Answer:
Verified
Correct Answer:
Verified
Q21: List and explain the four steps involved
Q22: The first step in developing either a
Q23: Each category of _ and _ is
Q24: _ budgets are characterized by the use
Q25: Indirect costs are those items of expense
Q27: If your program has a total of
Q28: The cost allocation methodology is used in
Q29: The cost allocation plan format is the
Q30: Indirect costs typically include all EXCEPT which
Q31: Functional budgeting systems are concerned with which