WGU C428 Review questions with correct answers

Direct Costs - Answer Costs that can be specifically identified with a particular project or activity. Direct Labor - Direct Materials - Manufacturing Supplies Indirect Costs - Answer Costs that are the result of general operations and are not directly tied to any specific project or activity Rent - Utilities - General Office Expenses Cost - Answer Prior to delivery of service Cash - Answer Payment for operations, revenue, form of accounting Capital - Answer Investment, fixed assets, encompass money and assets Control - Answer Measuring cost, capital, cash Cost of Debt - Answer Interest rate required by lenders to furnish capital Cost or Equity - Answer Return required by owners to furnish equity capital Cost of Capital - Answer Weighted average of the costs of debt and equity financing used to generate capital for investments