Depreciation is _________ expenditure.

Fixed

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Variable

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Adjustable

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Semi-variable

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Solution

The correct option is C Fixed
Depreciation is a fixed cost as it charges to the profit & loss account with the same amount per year throughout the useful life of an asset.

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Similar questions

Distinguish between capital and revenue expenditure and state whether the following statements are items of capital or revenue expenditure.
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Q. The adjustment entry to write off deferred revenue expenditure is?

Deferred Revenue Expenditure A/c To Profit & Loss A/c	Dr.
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Q. Depreciation is a classic example of a .

Which of the following is a final and intermediate expenditure?

(a) Purchase of furniture by an office firm

(b) Expenditure on the uniforms of the staff of the hospital

(d) Expenditure on the improvement of machinery in a factory

Calculate wages and salaries from the following data:

$G D P_{m p}$ = 4200

Depreciation = 150

NIT = - 40

Rent royalty interest = 1650

Profits = 300

Employers contribution to social security scheme = 50

Employees contribution to social security scheme = 250

Dearness allowance = 140

Mixed income = 2000

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Depreciation is _________ expenditure.

The correct option is C FixedDepreciation is a fixed cost as it charges to the profit & loss account with the same amount per year throughout the useful life of an asset.

The correct option is C Fixed
Depreciation is a fixed cost as it charges to the profit & loss account with the same amount per year throughout the useful life of an asset.