Question 19 / 36:  What is the difference between the gross debt service ratio and total debt ratio?
A  GDS is more accurate
B  TDS acceptable threshold is between 25%-30%. GDS acceptable threshold is between 35%-40% and
accommodation expenses is added to all other debt service payments divided gross income
C  GDS acceptable threshold is between 25%-30%. TDS acceptable threshold is between 35%-40% and
accommodation expenses is added to all other debt service payments divided gross income
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Final Fin 421

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