Which of the Following Characteristics Would Cause a Person to Prefer

question 169

Multiple Choice

Which of the following characteristics would cause a person to prefer renting over buying housing?

• A)Large amount of funds available for front-end expenses
• B)Unknown job stability in the geographical area
• C)Enjoying the responsibilities of home maintenance
• D)All of these

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Definitions:

Capital Budgets

Expenditure planning for long-term investments in an organization, aimed at future benefits.

Operating Budgets

Detailed financial plans that outline expected income and expenditures related to the daily operations of an organization for a specific period.

Maslow's Theory

An explanation of motivation that suggests individuals are propelled to satisfy a progression of needs starting from the most basic physiological necessities up to higher levels of psychological fulfillment.

Physiological Needs

The most basic human needs including food, water, warmth, and rest, which are foundational for survival, as identified in Maslow's hierarchy of needs.