Week 4 consolidation 8 ECB

What is a set amount that that is paid for work and given as an annual figure,

but divided up into pay periods?

• Salary

• Wage

• Rent

• Interest

• Commission

• What is money paid based on earnings from savings?

• Salary

• Wage

• Rent

• Interest

• Commission

• What is money paid that is based on the number of hours worked?

• Salary

• Wage

• Rent

• Interest

• Commission

• What is income received from leasing a building?

• Salary

• Wage

• Rent

• Interest

• Commission

• What is income received (calculated as a percentage) from the amount of sales made?

• Salary

• Wage

• Rent

• Interest

• Commission

• What is money paid to someone who owns shares?

• Salary

• Profit

• Dividends

• Interest

• Social Welfare Payment

• What is a payment made for someone who is unemployed?

• Salary

• Profit

• Dividends

• Interest

• Social Welfare Payment

• What is income received by self-employed people?

• Salary

• Profit

• Dividends

• Interest

• Social Welfare Payment

What is the best description of a Salary?

• Annual amount that you get paid regardless of number of hours worked.

• Amount that is based on number of hours worked.

• Money earned from running a business.

• Money received for shares in a business.

• Money received for renting out a building or home that you own.

What is the best description of a Wage?

• Annual amount that you get paid regardless of number of hours worked.

• Amount that is based on number of hours worked.

• Money earned from running a business.

• Money received for shares in a business.

• Money received for renting out a building or home that you own.