Indirect costs are costs that are NOT easily and accurately traced to a cost object.

Name: Indirect costs are costs that are NOT easily and accurately traced to a cost object.
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Indirect costs are costs that cannot be easily traced to a specific cost object, such as overhead costs or administrative expenses. These costs are typically allocated or assigned based on a predetermined methodology or formula, rather than being assigned directly to a specific product or service.

Indirect Costs Are Costs That Are NOT Easily and Accurately