Rent, utilities, insurance and administrative costs are examples of:
A) Direct Costs
B) Indirect Costs
C) Sunk Costs
D) Learning Curve Costs
E) Reserves Costs

Question

Quizplus · Accepted Answer

Rent, utilities, insurance and administrative costs are considered indirect costs as they are not directly related to the production of goods or services. Indirect costs are typically overhead expenses necessary to maintain the overall operation of a business.

Rent, Utilities, Insurance and Administrative Costs Are Examples Of