Examveda
Examveda

Direct expenses are also called ________.

A. major expenses

B. chargeable expenses

C. overhead expenses

D. sundry expenses

Answer: Option B

Solution(By Examveda Team)

Direct expenses are also called chargeable expenses. Chargeable expenses are any costs that your agency or client has agreed to reimburse to you. These will usually be invoiced through the umbrella company and may well require an expense form, signed by the client, to support the claim.

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Related Questions on Costing

Blanket overhead rate is:

A. One single overhead absorption rate for the whole factory

B. Rate which is blank or nil rate

C. rate in which multiple overhead rates are calculated for each production department, service department etc

D. Always a machine hour rate