A Study on the Spending Habits of 100 Middle Income

question 25

Multiple Choice

A study on the spending habits of 100 middle income families in Ontario recorded the following data: monthly mortgage bill,monthly utilities bill,monthly food and gas bills,money spent monthly on entertainment,and monthly miscellaneous bills.

• A)Monthly mortgage bill,quantitative,dollars; monthly utilities bill,quantitative,dollars; monthly food and gas bill,categorical; money spent on entertainment,quantitative,dollars; miscellaneous bills,categorical.
• B)Monthly mortgage bill,quantitative,dollars; monthly utilities bill,quantitative,dollars; monthly food and gas bill,quantitative,dollars; money spent on entertainment,quantitative,dollars; miscellaneous bills,quantitative,dollars.
• C)Monthly mortgage bill,quantitative,money; monthly utilities bill,quantitative,dollars; monthly food and gas bill,quantitative,dollars; money spent on entertainment,categorical; miscellaneous bills,quantitative,dollars; families,categorical.
• D)Monthly mortgage bill,quantitative,dollars; monthly food and gas bill,quantitative,dollars; money spent on entertainment,categorical; miscellaneous bills,quantitative,dollars.
• E)Monthly mortgage bill,quantitative,dollars; monthly utilities bill,quantitative,dollars; monthly food and gas bill,quantitative,dollars.

Conduct and understand financial assessments such as cost-benefit analysis for nonprofit programs.

Comprehend the process and importance of legal compliance evaluations in nonprofit organizations.

Recognize the significance of transparency in building trust with potential donors and the public.

Understand the contributions of private sector donations to nonprofit organizations and their societal impacts.

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Definitions:

Prey

Organisms that are hunted and eaten by other organisms (predators) as a means of surviving in the natural world.

Cats

Domesticated small carnivorous mammals known for their agility, keen senses, and various vocalizations.

Manifest Content

In psychoanalytic theory, the apparent and remembered content of a dream, as contrasted with its hidden or latent content.

Latent Content

Unconscious underlying meanings of dreams and creative processes, distinct from the overt storyline or manifest content.