Which of the Following Is Not a Cost of Ownership

question 82

Multiple Choice

Which of the following is not a cost of ownership?

• A)Insurance
• B)Sales and titling
• C)Maintenance
• D)Finance charges

Analyze the impact of digital communication technologies on personal and professional life.

Recognize the role of electromagnetic waves in data transmission.

Evaluate the benefits and downsides of smartphone usage in daily life.

Understand the requirement and flexibility of mobile service contracts.

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Definitions:

Reserved Funds

money set aside for specific purposes or emergencies, ensuring financial stability or fulfilling certain conditions.

Cashier's Checks

A check issued by a bank, drawn on its own funds and signed by a cashier, guaranteeing payment to the payee named on the check.

Issuing Banks

Financial institutions that provide cardholder services for credit, debit, or other payment cards, including the issuance of cards and management of the accounts associated with them.

Drawer's Signature

The signature of the person who writes a check or draft, legally binding the drawer to the terms of the document.