Benjamin Is Trying to Buy a New Car

question 54

Multiple Choice

Benjamin is trying to buy a new car. He finds that he can only get a loan at a very unfavourable interest rate due to the financial trouble he created for himself with a credit card he got while in university. Benjamin's poor credit rating is an example of ________
At work.

• A)observer-report data
• B)life-report data
• C)investment-report data
• D)commercial-report data

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Definitions:

Easy Step Interview

A guided, step-by-step process designed to help users through the setup or data input in software, particularly in financial or tax preparation software.

Start Date

Refers to the specific date when a company or project officially begins operations or activities.

Fiscal Year

A one-year period used for financial reporting and budgeting, not necessarily aligning with the calendar year.

Tax ID Number

A Tax ID Number, also known as TIN, is a unique identifier assigned to individuals or entities for tax purposes by a government.