Which of the Following Would Be the Best Advice in a Decision

question 82

Multiple Choice

Which of the following would be the best advice in a decision to buy or rent a house?

• A)You should objectively perform the financial assessment.
• B)If mortgage payments are more than renting,then you should rent.
• C)Buying is always better because of the equity you get in the long term.
• D)If interest costs are less than renting,then you should buy.

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Definitions:

Procedure

A series of actions or steps taken to achieve a specific purpose.

Reliability

The scientific requirement that when the same behavior is measured on two or more occasions by the same or different observers, the measurements must be consistent with each other.

Observers

Individuals who watch or monitor a situation or a set of events without directly participating in them.

Descriptions

Refer to the detailed explanation or illustration of the nature, properties, or functioning of something.