Which of the following items is an example of direct costs? a. The cost of lumber used in building a structure b. Lease payments for office space c. Cost of heating and air conditioning d. Salaries of supervisors, secretaries, and attorneys The coding system by which project financial data are organized is called: a. the code of accounts b. the general ledger c. the cost account d. the chart of accounts The issue of determining how to weigh costs and benefits for different players who are being examined in a benefit-cost analysis (e.g., Who should count more: rich people or poor people) is an example of: a. the equity problem b. the extrapolation problem c. the aggregation problem d. the negation problem Zero based budgeting looks at last year's expenditures as the basis of computing this year's budget. a. true b. false Wages for a project are $50,000. Fringe benefits and overhead add up to an additional $100,000. What is the loading or burden rate for the work effort? a. $50,000 b. 2.00 c. 3.00 d. $100,000