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Question
Expenses may be direct or ______.
Options
Indirect
Money
Real
Smooth
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Solution
Expenses may be direct or indirect.
Explanation:
Expenses are classified as direct or indirect; direct expenses are directly and wholly traceable to a product (e.g., royalties, carriage inward), while indirect expenses cannot be conveniently assigned and are treated as overheads, such as rent, insurance, and lighting.
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