Which of the Following Is Not a Common Financial Risk

question 69

Multiple Choice

Which of the following is not a common financial risk of home ownership?

• A)interest rates may change.
• B)property values may decrease.
• C)repairs and maintenance.
• D)susceptibility to macroeconomic factors
• E)capital gains taxes on the sale of a principal residence.

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Definitions:

Cost System

A method used to allocate costs to products, services, or projects in order to assess financial performance and profitability.

Process Inventory

Inventory that includes all the direct costs and manufacturing overhead involved in the production process until the goods are finished.

Processing Department

A specialized division within a manufacturing or processing company where raw materials are transformed into finished goods.

Cost System

A method or process adopted by a company to collect and analyze its costs for managerial decision-making.