Which One of the Following Is a Disadvantage of Using

question 132

Multiple Choice

Which one of the following is a disadvantage of using credit?

• A)receiving advance notice of sales
• B)ease of overspending
• C)avoiding the necessity of carrying cash
• D)ease of returning merchandise
• E)having a record of all purchases

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Definitions:

Tuition Expenses

Tuition expenses are the fees charged for instruction and training, typically at educational institutions such as colleges or universities.

Opportunity Cost

Opportunity cost refers to the value of the best alternative forgone when a decision is made to pursue a certain action.

Go to College

Refers to the process where individuals enroll and attend an institution of higher education, often to pursue a degree or additional training.

Earn a Degree

Earn a Degree refers to the completion of a course of study at a college, university, or other educational institution, culminating in the receipt of a diploma or certificate.