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UGC-NET | UGC NET CS 2015 Dec – III | Question 48

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As compared to rental and leasing methods to acquire computer systems for a Management Information System (MIS), purchase method has following advantage:

(A)

It has high level of flexibility

(B)

It doesn’t require cash up-front

(C)

It is a business investment

(D)

Little risk of obsolescence


Answer: (C)

Explanation:

As compared to rental and leasing methods to acquire computer systems for a Management Information System (MIS), purchase method has following advantage it is a business investment. Other Advantages of renting and leasing:

  • No capital is tied up
  • No financing is required

Disadvantages:

  • Expensive
  • Company doesn\’t own the system when the agreement

So, option (C) is correct.


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Last Updated : 12 Jun, 2018
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