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<h1>CAS-10 Standard: Guidelines for Uniform Classification and Disclosure of Direct Expenses in Cost Statements</h1> The Cost Accounting Standard - 10 (CAS-10) by the Institute of Cost and Works Accountants of India outlines the principles for determining Direct Expenses. This standard aims to ensure uniformity in classifying, measuring, and assigning Direct Expenses in cost statements. Direct Expenses include costs directly linked to a product or service, excluding direct material and employee costs, such as royalties and specific job charges. The standard specifies that Direct Expenses should be traceable, economically feasible, and disclosed separately if material. It excludes finance costs, imputed costs, and abnormal expenses, and requires disclosure of related party transactions and foreign exchange expenses.