Which of the Following Is an Improper Use of Credit

question 55

Multiple Choice

Which of the following is an improper use of credit?

• A) Buying a home
• B) Buying a short-lived good
• C) Spreading payments within a budget
• D) Purchasing a big-ticket item
• E) Meeting a financial emergency

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Definitions:

Provincial Governments

The governing bodies of provinces or states within a federal system, responsible for regional legislation and administration.

Employer-provided Benefits and Services

Compensation given to employees in addition to salary, including health insurance, retirement benefits, and wellness programs.

Gain Benefits

The process or action of obtaining advantages, such as improved health, insurance, or financial gains, usually through employment or negotiation.

Reduce Employee Fatigue

Implementing strategies or measures to decrease exhaustion and improve well-being among workers.