Salary paid to general manager is an item of ________ expenses.

Fixed

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Variable

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Semi-variable

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Estimated

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Solution

The correct option is A Fixed
Fixed expenses are those expenses which are fixed in nature and do not changes with proportion to the output.
Hence salary of general manager is a fixed expenses.

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Salary paid to general manager is an item of ________ expenses.

The correct option is A FixedFixed expenses are those expenses which are fixed in nature and do not changes with proportion to the output.Hence salary of general manager is a fixed expenses.

The correct option is A Fixed
Fixed expenses are those expenses which are fixed in nature and do not changes with proportion to the output.
Hence salary of general manager is a fixed expenses.