General and administrative costs are usually allocated as a percent of the total of a direct cost which includes labor, materials, or equipment.

Answer the following statement true (T) or false (F)


True

General and administrative (G&A) costs are usually allocated as a percent of total direct cost, or a percent of the total of a specific direct cost such as labor, materials, or equipment.

Business

You might also like to view...

Describe the three primary group roles.

What will be an ideal response?

Business

Why is a company's corporate culture important?

A. It influences the organization's actions and approaches to conducting business. B. It represents the integration of the strategy and business model that a company has adopted. C. It guides core values and its internal code of ethics. D. It codifies formal traditions that company executives are committed to maintaining to ensure the company's strategy-supportive culture is change resistant. E. It influences the dedication to ethical conduct and accepted work practices.

Business

How can organizations improve customer relationships?

What will be an ideal response?

Business

The maximum rate of interest for credit transactions is established by:

a. state law. b. federal law. c. the Federal Reserve Board. d. the FTC.

Business