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Question
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Options
Direct
Indirect
Primary
Money
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Solution
Overheads are often related to accounting concepts such as fixed cost and indirect cost.
Explanation:
Overheads are indirect expenses incurred for the business as a whole and cannot be directly traced to a specific product; they often include fixed items (rent, supervisors’ salaries), so they relate to fixed and indirect costs.
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