Much needed!
1. which living expense needs to be included in the budget of someone renting an apartment?
taxes
insurance
down payment
maintenance
2. what term is used to describe an individual's money and personal property?
budget
income
assets
finances
3. companies report people to credit agencies if they
fail to pay their bills on time.
borrow too much money.
fail to use different types of credit.
use large amounts of credit at once.

Hey there! Hello!

For your first problem, it can be assumed that a budget is for recurring payments. This factors out a down payment, since this is a one–time thing that usually factors towards your overall payment for your apartment. When you're renting, maintenance is usually paid for by your landlord; even if it's not, it's not something you will definitely pay for every single month, and only pay for it when something like a toilet breaks down or you have a leak in your ceiling. Taxes are pretty self–explanatory and should be included anyways... this is the only part that I'm a little iffy about. I would say that your answer, though, should be insurance, since it's something that all renters should have and are sometimes even required to pay for. 

For your second problem, the only answer that includes your personal properties, especially physical investments, is your assets. Assets are accounted for when doing things like taxes, since it represents all of your net worth and not just your regular cash income. 

For your third problem, I'm not too sure. My best guess would be fail to pay their bills on time? I think this answer is the right one because one of the responsibilities of a credit agency is to keep track of people's credit scores, and not paying a bill on time can negatively impact this score and must be reported so that the agency knows to lower your score. I would suggest doing a bit of research on this one, and take my answer with a grain of salt. 

Hope this helped you out! :-)