Indirect cost

Indirect cost

An expense (such as for advertising, computing, maintenance, security, supervision) incurred in joint usage and, therefore, difficult to assign to or identify with a specific cost object or cost centre (department, function, program). Indirect costs are usually constant for a wide range of output, and are grouped under fixed costs.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Accounting
Category: Auditing
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

indirect costs

Professional careers; Sales

Costs that cannot be traced directly to a particular product, commonly called overheads.

indirect cost

Accounting; Auditing

An expense (such as for advertising, computing, maintenance, security, supervision) incurred in joint usage and, therefore, difficult to assign to or identify with a specific cost ...

indirect costs

Convention; Conferences

Also called overhead or administrative costs, these are expenses not directly related to the event. They can include salaries, rent, and building and equipment maintenance.

indirect costs

Software; ERP

Expenses that are administrative or support in nature and which, therefore, cannot be attributed directly to grant-related activities.

indirect cost

Software; Supply chain

A cost that can not be meaningfully traced to a specific product or production process; a group or consolidated cost that is normally allocated to multiple items based on a ...

indirect cost

Energy; Coal; Natural gas; Petrol

Costs not directly related to mining or milling operations, such as overhead, insurance, security, office expenses, property taxes, and similar administrative expenses.