When ordinary repairs are made to broken equipment in an income-producing property, these repairs are classified as:

a. deferred maintenance.
b. corrective maintenance.
c. preventive maintenance.
d. property upgrades.

Answer: b. corrective maintenance.

Business

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The American College of Healthcare Executives (ACHE) surveys its members annually regarding their most critical concerns. In recent years, financial concerns have headed the list of every survey.

a. true b. false

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Indicate whether the statement is true or false

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