Direct costs are incurred for the benefit of more than one cost object.

Name: Direct costs are incurred for the benefit of more than one cost object.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Direct costs are costs that are easily traceable to a single cost object, such as a specific product, department or project. They are not incurred for the benefit of more than one cost object. Indirect costs, on the other hand, may be incurred for the benefit of multiple cost objects and cannot be easily traced to a specific cost object.

Direct Costs Are Incurred for the Benefit of More Than