A direct cost is a cost which: (a) is incurred as a direct consequence of a decision;

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A direct cost is a cost which:

(a) is incurred as a direct consequence of a decision;

(b) can be economically identified with the item being costed;

(c) cannot be economically identified with the item being costed;

(d) is immediately controllable;

(e) is the responsibility of the board of directors.

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