Webindirect: [adjective] not direct: such as. deviating from a direct line or course : roundabout. not going straight to the point. being or involving proof of a proposition or theorem by demonstration that its negation leads to an absurdity or contradiction. not straightforward and open : deceitful. not directly aimed at or achieved. stating ... WebDec 13, 2024 · Indirect Costs (definition extracted from FAR Part 31.2) An indirect cost is any cost not directly identified with a single, final cost objective, but identified with …
Indirect costs Definition & Meaning - Merriam-Webster
Web1. a (1) : to fix or ask as fee or payment. charges $50 for an office visit. (2) : to ask payment of (a person) charge a client for expenses. b. : to record (an item) as an expense, debt, … Web( xiv) Indirect cost rate for the Federal award (including if the de minimis rate is charged) per § 200.414. ( 2) All requirements imposed by the pass-through entity on the subrecipient so that the Federal award is used in accordance with Federal statutes, regulations and the terms and conditions of the Federal award; peter cash house
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WebAug 10, 2024 · Jon Younger, Forbes, 10 Aug. 2024 Fundamentally, this means that a cost may not be allocated as an indirect cost to a final cost objective if other costs incurred … WebJan 19, 2024 · These are indirect costs that are incurred to support the manufacturing of the product. Further, manufacturing overheads are also called factory or production … WebMay 16, 2024 · The definition can be found at 68 Modified Total Direct Cost (MTDC): MTDC means all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward ... your organization may not be able to collect the full 10 percent de minimis indirect charge from the award. star island chinese food dorchester ma