Question

A set amount or exact amount which is incurred every time not depending on the usage or consumption is called as ....................
Fixed expenses
Variable Expenses
Cash Management​

Answer 1

fixed expensives .....................

Answer 2

A set amount or exact amount which is incurred every time not depending on the usage or consumption is called as ....................

• Fixed expenses
• Variable Expenses
• Cash Management

ANSWER:-

• Fixed expenses is the correct option.

• A set amount or exact amount which is incurred every time not depending on the usage or consumption is called Fixed expenses.

EXPLANATION:-

• Fixed expenses are expenses that do not change in convergence with the level of activity. These expenses incline to be relatively stable, not differing much from month to month. Examples of fixed expenses are promotion, consents, equipment leases, security, and rent.

• Expenses tend to be fixed within a specific range of direction but will differ outside of that range. For example, a company may rent executive space that is a fixed cost; still, sales double, compelling the addition of more staff than can fit into the occurring facility, calling for a rise in rent expense to include the extra staff.

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