Are costs that cannot be attributed to one cost unit or cost center and is not direct in nature. E.g., the canteen cost is not directly related to the cost of production of any units.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.