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Term: Accounting -> Indirect cost
Term:

Indirect cost

Definition:

Indirect cost is that portion of cost that is indirectly expended in providing a product or service for sale (cannot be traced to a given cost object in an economically feasible manner) and is included in the calculation of cost of goods, e.g. rent, utilities, equipment maintenance, etc. Opposite of direct cost.

Related terms:

Related Party Transaction

Natural classification

Useful articles:
»Sales Cycles
»The Business Meeting
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