Which of the Following Are Disadvantages of Home Ownership

question 58

Multiple Choice

Which of the following are disadvantages of home ownership?

• A)limited responsibility
• B)few financial benefits
• C)low initial costs.
• D)financial commitment.
• E)lifestyle flexibility.

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Definitions:

Reported Profits

These are the earnings a company officially announces to the public and regulatory bodies, reflecting its performance over a specific period.

Common Stock

Common stock represents shares of ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

Cash Flow

Represents the total amount of money being transferred into and out of a business, particularly affecting the company's liquidity.