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Direct costs versus indirect costs

Assignment:

What is 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?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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