Which is indirect expenses list?

Examples of indirect expenses are accounting, auditing, and legal fees, as well as business permits, office expenses, rent, supervisor salaries, telephone expense, and utilities.

Which is an example of indirect expenses?

Professional fees, rent, taxes, insurance, utilities, employee salaries, advertising, office rent, depreciation, office supplies, etc., are some indirect costs.

What are the 5 types of indirect cost?

Examples of indirect costs are accounting and legal expenses, administrative salaries, office expenses, rent, security expenses, telephone expenses, and utilities.

What are 4 examples of expenses?

What are the 5 examples of expenses?

INDIRECT EXPENSES DETAILS (TALLY-LEDGER GROUP DESCRIPTION)

What are the 5 types of expenses?

Which are indirect expenses of the following Mcq?

What is direct or indirect expenses?

To sum up, direct costs are expenses that directly go into producing goods or providing services, while indirect costs are general business expenses that keep you operating.

What is meant by indirect expenses?

Indirect expenses are those expenses that are incurred to operate a business as a whole or a segment of a business, and so cannot be directly associated with an object, such as a product, service, or customer.

What are indirect costs in business?

Indirect costs are the costs of running a business and going to market with a product or service—regardless of the volume manufactured and/or sold. In other words, they are not directly related to making a product or service, or buying a wholesale product to resell. (This distinguishes them from direct costs.)

What is indirect material?

Indirect materials are goods that, while part of the overall manufacturing process, are not integrated into the final product. For example, disposable gloves, personal protective equipment, tape, etc., may be essential to a production line, but they are not part of the actual product created on that line.

Is salary an indirect cost?

Indirect costs apply to more the just one business activity. By that, it means that it cannot be assigned to a specific product, service, or business activity. Common examples include rent, the cost of utilities, salaries and wages of employees not directly involved in the manufacturing of a product, etc.

Which of the following is not an indirect expenses?

The correct answer is Direct materials.

What is direct expenses example?

Here are several examples of direct expenses: The materials used to construct a product for sale. The cost of the freight needed to transport goods to and from a manufacturing facility. The labor incurred to produce hours billable to a client.

Is rent direct expenses?

Rent, rates and taxes is an example of direct expenses.

Which are indirect income of the following?

Indirect income involves earnings from non-business activities. Few examples for indirect income involves selling old newspapers, used papers, recycling wastes, etc. It also includes earnings from the dividents obtained, sale of assets, commissions, and interest obtained from investments.

Which item is not an example of an indirect training cost?

The correct answer is option a. Cost of the automobile engines.

What are the 10 examples of expenses?

What are the 3 types of expenses?

There are three major types of expenses we all pay: fixed, variable, and periodic.

What are types of expense accounts?

Examples of expense accounts are Costs of Sales, Cost of Goods Sold, Costs of services, Operating expense, Finance Expenses, Non-operating expenses, Prepaid expenses, Accrued expenses and many others.

Is water and electricity an expense?

Utilities expense is the cost incurred by using utilities such as electricity, water, waste disposal, heating, and sewage. The expenses are incurred over the course of the reporting period, calculated, and accrued for, or payment is rendered.

Is stationery an expense?

Stationery will be considered as an asset if someone is dealing in stationeries, while it can be considered as an expense if someone is buying it for the business.