1) Direct and indirect cost Direct cost- We can easy compare direct to fixed cost. They are very similar. Direct cost we can name this cost which are directly attributable to the sale of a product. Direct costs can be identified specifically with a particular sponsored project‚ or that can be directly assigned to such activity relatively easily with a high degree of accuracy.It is necessarily to good understand that cost shared expenditures are considered to be direct costs. We have 3 types of
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their cash flow statement using the direct or indirect method‚ and both methods report net cash flow from operating activities. Direct/Indirect Cash Flow The main difference between the direct method and the indirect method involves the cash flows from operating activities‚ the first section of the statement of cash flows. Direct Method‚ the cash flows from operating activities will include the amounts (cash from customers‚ and cash paid to suppliers). Indirect shows net income followed by adjustment’s
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DIRECT AND INDIRECT In this section‚ We are going to see How the conversion of Direct to Indirect Speech and Indirect to Direct Speech is done? We may report the words of a speaker in two ways. 1. Direct Speech We may quote the actual words of the speaker as it is. This method is called Direct Speech. 2. Indirect Speech We may report what he said without quoting his exact words. This method is called Indirect Speech or Reported Speech. Example: • Direct: Clinton said‚ “I am very busy now
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Topic: Direct and Indirect Speech We may report the words of a speaker in two ways:- (i). we may quote his actual words. This is called Direct Speech. (ii). We may report what he said without quoting his exact words. This is called Indirect Speech. For example: Direct: Ahmed said‚ “I am very busy now”. Indirect: Ahmed said that he was busy then. Direct Speech is that form of narration in which the actual words of a speaker are reported. It may
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Direct‚ Indirect July 23‚ 2012 Direct‚ Indirect 1 A company can allocate the costs incurred in the production of products or services in either a direct or an indirect manner. The direct costs can be defined as being the amount materials actually cost plus any other directly linked costs‚ such as labor‚ materials‚ electricity‚ labor for employee and management‚ machine depreciation) Production materials‚ machine or assembly wages. Labor
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Indirect Cost Rate Questions and Answers What is an indirect cost? Indirect costs represent the expenses of doing business that are not readily identified with a particular grant‚ contract‚ project function‚ or activity‚ but are necessary for the general operation of the organization and the conduct of activities it performs. In theory‚ costs like heat‚ light‚ accounting‚ and personnel might be charged directly if little meters could record minutes in a cross-cutting manner. However‚ this is
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Question: “If employee undervalue the cost of benefit‚ why should a company not drop benefit and simply add more direct compensation” Do you agree or disagree with this statement? Explain using relevant organizational examples. CONTENTS 1. Introduction 3 2. Findings and Analysis 2.1 What is employee benefit? 4 2.2 What is compensation?---- Critical analysis of compensation components and its function in an organization? 6 2.3 Total Reward Management
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Basics of Direct Taxes(Income Tax Act) and Indirect Taxes(VAT‚ CST‚ Excise duty‚ Service Tax etc.‚) The Persons who are taxed are called “Assessees”. Assessees or “Person” under the Income Tax Act‚ 1961(as amended Yearly under the respective Finance Acts) are as follows:- 1) Individual 2) Hindu Undivided Family(HUF) 3) Firm or Association of Persons(AOP) 4) Joint Stock Company 5) Every other person Whether an Assessee is liable to be taxed and if so‚ on what income etc.‚ depends on the
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Direct and Indirect competition The water industry as many other industries has direct and indirect competitors; the direct competitors are companies that are producing the same line of products and indirect competitors are the ones that are selling something that your customers or potential buyers may use as an alternate or substitute of your products. An example of direct competitor is Seychelle Water Filtration company‚ they are a fast growing water company. They have complete portable water
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Direct and Indirect Representation Living in a democratic society‚ we as Americans have the right to vote on just about all aspects of our lives. The votes that we cast either have a direct or an indirect representation of our beliefs. In cases such as city and statewide laws‚ our beliefs are directly represented; in all national and organizational matters our votes have an indirect impact. The decisions are made by elected officials who we vote into office to represent our beliefs. One example
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