Question

Indirect costs refer to the expenses incurred on those items which are not directly chargeable production.

पर्याय

• True

• False

Answer 1

True

Explanation:

Indirect costs are expenses not directly chargeable to production (e.g., salaries of timekeepers, storekeepers, factory rent, office supplies). They cannot be conveniently traced to a specific product and are treated as overheads in cost accounting.