Define variable cost in ICWA?
Submitted by: AdministratorVariable indicated that portion of the total cost which varies directly with the level of production. The higher the volume of production, the higher the variable cost and vice versa, though per unit variable cost remains constant at all the levels of production.
Submitted by:
Submitted by:
Read Online ICWA Job Interview Questions And Answers
Top ICWA Questions
| ☺ | Explain what are the differences between absolute advantage and comparative advantage? |
| ☺ | Explain GNI per capita? |
| ☺ | Explain an Oligopoly? |
| ☺ | Explain what kind of market demand and supply information would be useful to you in deciding upon a business strategy? |
| ☺ | Explain what are the advantages of regional integration? |
Top Business and Economics Categories
| ☺ | Taxation Interview Questions. |
| ☺ | Economics Interview Questions. |
| ☺ | Accounts Receivable (AR) Interview Questions. |
| ☺ | General Ledger Interview Questions. |
| ☺ | Fixed Assets Interview Questions. |
