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A flat letting company analyses its costs by individual property. Which of the following costs would be considered an indirect cost of the property?
Suggested Answer: C
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32 comments · newest first
GA
Gabriele
11 months ago
I thought maintenance costs were direct, but I guess they can be indirect?
AY
Ayesha
11 months ago
Solicitor's fees are definitely indirect costs too!
FA
Fabiola
11 months ago
Wait, how is office rent considered indirect? Seems off.
KE
Kenneth
12 months ago
Totally agree, it's not directly tied to a specific property.
ME
Melita
12 months ago
Council tax on vacant premises is an indirect cost.
LO
Loise
12 months ago
I feel like property maintenance costs are definitely direct, but I can't quite remember if council tax on vacant properties counts as indirect.
ER
Ernestine
1 year ago
I practiced a similar question, and I think solicitor's fees might be considered direct costs since they relate to specific actions on a property.
RA
Raul
1 year ago
I'm a bit unsure, but I remember something about council tax being more of a direct cost related to the property itself.
JO
Josphine
1 year ago
I think indirect costs are those not directly tied to a specific property, so maybe the rent of office premises?
AL
Aleshia
1 year ago
I've got a good feeling about this one. The key is identifying costs that aren't directly attributable to a specific property. The office rent and solicitor's fees seem like they would fit that description, so I'll go with those options.
GE
Germaine
1 year ago
Okay, let's see. Property maintenance costs are directly related to the individual properties, so that's not an indirect cost. Council tax on vacant premises is also directly tied to the properties. The rent of office premises and solicitor's fees seem more like overhead or administrative costs, so I'll go with those as potential indirect costs.
LI
Lilli
1 year ago
Hmm, I'm a bit unsure about this one. I need to make sure I understand the difference between direct and indirect costs for a property business.
ZI
Zita
1 year ago
This seems like a straightforward question about indirect costs. I'll think through the options carefully and choose the one that best fits the description.
SH
Shonda
2 years ago
Trick question! The correct answer is E) Hiring a professional juggler to entertain tenants. Gotta keep those occupancy rates high, you know?
LA
Lacresha
1 year ago
A: Trick question! The correct answer is E) Hiring a professional juggler to entertain tenants. Gotta keep those occupancy rates high, you know?
RO
Rolland
1 year ago
D: Solicitor's fees for collection of unpaid rent
LO
Loren
1 year ago
C: Rent of office premises
SE
Selma
1 year ago
B: Council tax payable on vacant premises
AM
Amie
1 year ago
A: Property maintenance costs
LE
Leana
1 year ago
D: Solicitor's fees for collection of unpaid rent
WA
Wai
1 year ago
C: Rent of office premises
DE
Deandrea
1 year ago
B: Council tax payable on vacant premises
GA
Gail
1 year ago
A: Property maintenance costs
NA
Nan
2 years ago
I'm going with D) Solicitor's fees for collection of unpaid rent. That's a direct cost associated with managing the individual properties, unlike the office rent.
HA
Harley
2 years ago
But wouldn't property maintenance costs also be considered an indirect cost?
ST
Stevie
2 years ago
Wait, so the company has an office separate from the properties? That's kind of a fancy flat letting company, don't you think? Anyway, C) seems like the right answer to me.
MA
Ma
1 year ago
B: Yeah, I agree. It makes sense that it's not directly related to the individual properties.
JO
Jolene
1 year ago
A: I think C) Rent of office premises is an indirect cost.
GL
Glory
2 years ago
I agree with A, property maintenance costs are definitely a direct cost of the property. The other options seem more like administrative or overhead expenses.
JO
Johanna
2 years ago
I disagree, I believe rent of office premises is the indirect cost.
JO
Jovita
2 years ago
Hmm, I'd say C) Rent of office premises is the indirect cost here. The property maintenance, council tax, and rent collection are all directly related to the individual properties.
HA
Harley
2 years ago
I think the indirect cost would be council tax payable on vacant premises.