Fixed costs occur at regular intervals but at relatively fixed rates, for example: lease payments, software license payments, prorated salaries of personnel.

Name: Fixed costs occur at regular intervals but at relatively fixed rates, for example: lease payments, software license payments, prorated salaries of personnel.
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Question

Quizplus · Accepted Answer

Fixed costs are expenses that do not change with the level of production or sales, such as lease payments and salaries, which occur regularly and remain constant over time.

Fixed Costs Occur at Regular Intervals but at Relatively Fixed