ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CRITICAL FEW Definition
CRITICAL FEW see 80 - 20 RULE.
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DIRECT COST is that portion of cost that is directly expended in providing a product or service for sale and is included in the calculation of COST OF GOODS SOLD, e.g. labor and inventory (it can be traced to a given cost object in an economically feasible manner). Opposite of indirect cost.
G&A usually refers to the indirect overhead costs contained within the General and Administrative expense / cost categories See also SG&A.