INTERVIEW QUESTIONS ACCOUNTS COST ACCOUNTING DETAILS

Question: What are fixed costs?

Answer: The costs that are fixed irrespective of production are fixed costs. EX: Rent, Depreciation

The costs that are fixed irrespective of production are fixed costs. EX: Rent, Depreciation
Source: CoolInterview.com

Fix cost is those cost who not change in any time whether the production done or not it similar charge in every organization ex- salary of labor, supervisor factory rent insurance etc. Source: CoolInterview.com

fixed cost means which are fixed throughout the year i,e salary,rent but depreciation will change according to methods of depreciation. Source: CoolInterview.com

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