Asked by Aveyan Walker on Jul 19, 2024
Verified
Insurance paid on employees working in high risk areas of a machine shop. ________
Direct Expense
Costs that can be directly traced to a specific product, service, or department, and is a key factor in the cost of goods sold.
Indirect Expense
Costs that are not directly attributable to a specific cost object, such as a product or service.
Insurance
A contractual arrangement that provides financial protection or reimbursement against losses from an insurance company.
- Distinguish between direct and indirect expenses in diverse business settings.
Verified Answer
NP
Learning Objectives
- Distinguish between direct and indirect expenses in diverse business settings.