Difference between direct and indirect costs

Reference no: EM1389496

Critically illustrate the difference between direct and indirect costs? and What do these mean to the institution being funded for a project? Why do some agencies allow for indirects while others do not ? If a proposal is funded at a level lower than requested (for example, it receives 65% of its request), how can the agency (fundee) modify the project?

Reference no: EM1389496

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