Funds allocated for unexpected expenses are _____
A) Direct Costs
B) Indirect Costs
C) Sunk Costs
D) Learning Curve Costs
E) Reserves Costs

Question

Quizplus · Accepted Answer

Reserves Costs are funds allocated for unexpected expenses, also known as contingency funds or reserves. Direct costs are expenses that can be directly attributed to a specific project or product, while indirect costs are expenses that cannot be directly linked to a specific project or product. Sunk costs are costs that have already been incurred and cannot be recovered. Learning curve costs refer to the time and resources it takes to learn how to perform a new task more efficiently.

Funds Allocated for Unexpected Expenses Are _____