Based on your research and reading, answer the following questions:

• What are the differences in the ways project managers, accountants, and financial comptrollers perceive the expenses of a project?
• How are indirect costs involved in the preparation of the budget for a project?
• Using the typical profit and loss statement included in the Directed Reading, does it surprise you that a $1,000,000 project will generate only the Net profit shown on the bottom line of that statement?  Why or why not?

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