Credit Processing Associate

Credit Processing Associate Interview Questions and Answers for Freshers

Updated 8 Nov 2022

Q1. What is fixed assets

Ans.

Fixed assets are long-term tangible assets that a company owns and uses in its operations to generate revenue.

  • Fixed assets are not intended for resale and are expected to provide benefits to the company for more than one year.

  • Examples of fixed assets include buildings, land, machinery, equipment, and vehicles.

  • Fixed assets are recorded on a company's balance sheet and are depreciated over their useful lives.

  • Fixed assets are important for a company's financial health as they re...read more

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