shaunagregory201
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junior certificate business Quiz on income , created by shaunagregory201 on 16/04/2014.

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shaunagregory201
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income

income

Question 1 of 8

1

is it true that income means that money is coming in to the household/ business?

Select one of the following:

  • True
  • False

Explanation

Question 2 of 8

1

is regular income received regularly?

Select one of the following:

  • True
  • False

Explanation

Question 3 of 8

1

is benefit-in-kind a form of income?

Select one of the following:

  • True
  • False

Explanation

Question 4 of 8

1

is additional income not earned occasionally?

Select one of the following:

  • True
  • False

Explanation

Question 5 of 8

1

is statutory deductions taking out of your wages/ salary by your choice?

Select one of the following:

  • True
  • False

Explanation

Question 6 of 8

1

is voluntary deductions taking out of your wages/ salary by your own choice?

Select one of the following:

  • True
  • False

Explanation

Question 7 of 8

1

is another name for GROSS PAY called GROSS WAGE

Select one of the following:

  • True
  • False

Explanation

Question 8 of 8

1

is another name for NET PAY called BASIC PAY

Select one of the following:

  • True
  • False

Explanation

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