Define indirect cost
What will be an ideal response
An indirect cost is a cost than cannot be easily or cost-effectively traced to a cost object.
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Which of the following decisions would involve the use of the future value of a $1 ordinary annuity table?
A) Your brother buys your car and offers to pay you $500 now or $1,500 in two years. B) You win a lawsuit and are offered a lump-sum payment today of $100,000 or $15,000 a year for 20 years. C) Your father and mother wish to deposit enough money on the date of your high school graduation to enable you to take a $7,000 cruise when you graduate from college in 4 years. D) You want to have $1,000,000 in order to retire at age 55, but need to know how much you will need to deposit each year from now until your 55th birthday.
The central principle of the WTO agreements is embodied in which of the following requirements?
a) most favored nation b) reform-friendly state c) developed nation d) democratic free state