Question

In: Accounting

Project insurance is categorized as: a. Direct cost b. Project indirect c. Fixed overhead

Project insurance is categorized as:

a. Direct cost

b. Project indirect

c. Fixed overhead

Solutions

Expert Solution

Project Insurance is Categorized as b. Project Indirect because indirect cost may be fixed or variable cost and mainly include administration, personnel, and security cost.

Project insurance taken to mitigate the risk of future unforseen or unexpected event or cause. and it may be reduce, by not incurring it.

ekkarill92 answered 2 years ago
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