All categories

3 years ago

Renting provides _ flexibility but can lead to _ costs in the long-term

Business

2 answers:

slava [35]3 years ago

5 0

B is the correct option.

Renting provides greater flexibility but can lead to higher costs in the long-term.

Further explanation:

Renting and owning:

Renting is paying someone for their property or land for the use of their land or house or anything. And owning is having something of our own or the ownership of any asset or land, property or anything.

Justification for the correct and incorrect answer:

Greater; lower: This option is incorrect.

In renting, flexibility is greater and the cost in the long term is higher, not lower. Because the value of the house keeps on increasing so in the long run, the renting amount will also increase.

Greater; higher: This option iscorrect.

In renting, flexibility is always greater but the cost in the long term is higher because the value of the house increases. So there will be more rent amount which keeps on increasing. It will lead to high cost in the long run.

Less; lower: This option isincorrect.

In renting, flexibility is greater, not less and the cost in the long term is higher, not lower. Because the value of the house keeps on increasing so in the long run, the renting amount will also increase.

Less; higher: This option is incorrect.

In renting, flexibility is greater, not less and the cost in the long term is higher, which is correct. But flexibility in renting is greater because the amount paid for the rent is affordable.

Thus, renting provides greater flexibility but can lead to higher costs in the long-term.

Learn more:

1. Learn more about choosing the purchase of car or leasing

brainly.com/question/2731676

2. Learn more about choosing the purchase of the car

brainly.com/question/1258129

3. Learn more about renting and owning

brainly.com/question/2288011

Answer details:

Grade: High School

Subject: Business

Chapter: Renting

Keywords:Renting provides, flexibility but can lead to, costs in the long-term, greater; lower, greater; higher, less; lower, less; higher, payable, property, land.

Nonamiya [84]3 years ago

4 0

The answer is:

- Greater

- Higher

Since you did not spend large amount of money in renting, you can move freely without feeling that you've spend to much for the place to stay. This is why renting is considered to be more flexible compared to owning a house.

But, Renting tend to lead to higher cost in the long run because the owner of the property would definitely impose higher price than they spend to buy the property. Otherwise they would not obtain any profit.

You might be interested in

1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh

vagabundo [1.1K]

There are three main parts of income statements and they are:

Revenue
Expenses
Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

Read more about income statements here:

brainly.com/question/24498019

#SPJ1

8 0

1 year ago

Sport entertainment includes a variety of jobs and segments of the industry. Which of the following is a job type associated wit

Feliz [49]

Answer:

D) Event management, is the correct answer.

Explanation:

The sports events generates lots of income both for the sports organization and hotels, airports near the sporting event. Although the event appears to be fun it requires loads of hard work to organize big sporting events. The sporting event organizers make these events successful and plan every detail into preparing the team and facility for the game. Sporting event planners work at different levels of from college games to professional matches.

6 0

2 years ago

Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil

myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0

3 years ago

3. In ICS, the members of the Command Staff assume the title of:

Orlov [11]

In ICS, the member of the command staff assume the title of OFFICER. Incident Command System [ICS] is the model tool for command, control and coordination of a response and provides a mean to coordinate the efforts of individual agencies as they work together toward achieving the common goal of stabilizing the incident and protecting lives, properties and the environment.

3 0

3 years ago

Tayesha wants to find more information about a career in architecture. which resource is most likely to give balanced, accurate

Andrei [34K]

The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.

3 0

3 years ago

Read 2 more answers

Renting provides _________ flexibility but can lead to _________ costs in the long-term

Renting provides _ flexibility but can lead to _ costs in the long-term