BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Examples of Fixed Costs Fixed costs include any number of expenses, including rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

Detailed explanation-2: -Income tax, corporation tax, property tax, inheritance tax and gift tax are examples of direct tax.

Detailed explanation-3: -Property tax or house tax is the amount of money paid by the property owners to the municipal corporation or the local government of the area where the property is located. Property means all tangible real estate property, an individual’s house, or office building that the owner has rented to someone else.