Home > Terms > English, UK (UE) > 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
Improve it
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Accounting
  • Category: Auditing
  • Company:
  • Product:
  • Acronym-Abbreviation:
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

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.

share a term with millions
Accounting; Auditing

Share a term with millions of users around the world and increase your online visibility.Share a term with millions of users around the world and increase your online ...

define1
Accounting; Auditing

Share a term with millions of users around the world and increase your online visibility.Share a term with millions of users around the world and increase your online ...

segregation of duties
Accounting; Auditing

means assigning different people the responsibilities of authorizing transactions, recording transactions, and maintaining custody of assets. Segregation of duties reduces the ...

revenue cycle
Accounting; Auditing

The portion of a company that fills customer orders, accounts for receivables, and collects those receivables.

self-checking digit
Accounting; Auditing

An extra digit is added to a number. The extra digit is computed from the other digits in the number. The computer program can then check input by recomputing and comparing the ...

review
Accounting; Auditing

To examine again. The overall review of audit documentation is completed after field work. A peer review is a practice monitoring program in which audit documentation of one CPA ...

Terms in the News

Featured Terms

Sysop02
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Accounting Category: Tax

Due diligence

The thorough investigation of a potential acquisition candidate, real estate investment, etc Often used to refer to the investigation of a company for ...

Contributor

Featured blossaries

Parkour

Category: Sports   1 10 Terms

Tanjung's Sample Business 2

Category: Travel   3 4 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS