Multiple Choice
Which of the following living expenses should be included in the budget of someone renting an apartment?
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1. Introduction to Accounting
Useful Information
Struggling with Financial Accounting?
Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following are the four main ways to view your credit score?
A
By reviewing your tax returns, insurance policies, investment accounts, and mortgage statements
B
Through social media platforms, online shopping accounts, utility bills, and mobile phone providers
C
Through annual credit report websites, credit card statements, personal finance apps, and directly from credit bureaus
D
By contacting your bank, visiting the IRS website, checking your pay stub, and asking your employer
Verified step by step guidance1
Step 1: Understand the concept of a credit score. A credit score is a numerical representation of an individual's creditworthiness, based on their credit history and financial behavior.
Step 2: Recognize the primary sources for accessing your credit score. These include annual credit report websites, credit card statements, personal finance apps, and directly from credit bureaus.
Step 3: Eliminate incorrect options by analyzing their relevance to credit score access. For example, tax returns, insurance policies, and investment accounts are not directly related to credit score viewing.
Step 4: Focus on the correct answer, which highlights legitimate and commonly used methods for obtaining credit score information.
Step 5: Remember that accessing your credit score through reliable sources ensures accuracy and helps you monitor your financial health effectively.
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