English

All indirect expenses are count under the head of ______.

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Question

All indirect expenses are count under the head of ______.

Options

  • Overheads

  • Total cost

  • Revenue

  • None of these

MCQ
Fill in the Blanks
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Solution

All indirect expenses are count under the head of overheads.

Explanation:

The term ‘overhead’ includes indirect materials, indirect labour, and indirect expenses. In other words, all indirect costs are overheads.

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Elements of Cost
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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 150]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 21. | Page 150
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