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indirect costs |
Also found in: Financial, Acronyms, Wikipedia | 0.07 sec. |
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indirect costs pl n
(Economics, Accounting & Finance / Accounting & Book-keeping) another name for overheads How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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First, without getting a handle on indirect costs and developing a reasonable method of allocating them to projects, it's difficult to measure the profitability of jobs or to prepare accurate bids. This includes costs to recruit, train and equip an employee, plus the direct and indirect costs of medical care, claims administration, retirement funding, vacation, disability plans, dental, day-care and any other specialized programs. 263A(a) and (b), indirect costs allocable to inventory acquired for resale should be included in inventory. |
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