Direct costs can include expenses like pay for employees who provide goods or services and any money needed to purchase and maintain specialized equipment. — Getty Images/aldomurillo In financial ...

Funding direct costs supports the expenses that can be specifically identified with a particular project such as researchers, supplies and travel. Funding indirect costs supports the critical ...

Explicit costs are direct, out-of-pocket expenses that a company incurs during its operations. These costs are easily identifiable and measurable, typically involving monetary transactions. Explicit ...