Section 8 Housing

question 10

Multiple Choice

Section 8 housing

• A) is tenant-based assistance in which federal assistance is provided to the individual who locates his or her own housing.
• B) is federally subsidized rental assistance for income-eligible seniors and people with disabilities.
• C) allows the use of home equity to make home repairs.
• D) is government owned housing for homeless people.

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Definitions:

Cost Price Approach

A valuation method focusing on determining the totals costs incurred to acquire or produce an asset, including all expenses.

Income From Operations

This refers to the profit realized from a business's normal core operations, excluding deductions of taxes and interest.

Transfer Price

The price at which goods and services are transferred between departments or divisions within the same company, often used for budgeting and accounting purposes.

Market Price

The present cost at which a good or service is available for purchase or sale.