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Earnings - Sources of Income

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

The amount you are paid per hour.

a)

Wage

b)

Salary

c)

Interest

d)

Dividend

2.

A set amount of income that does not change throughout the year.

a)

Wage

b)

Salary

c)

Interest

d)

Dividend

3.

Money earned by an individual or company for lending funds.

a)

Wage

b)

Salary

c)

Interest

d)

Dividend

4.

Any payment for the use or occupation of property.

a)

Rent

b)

Salary

c)

Interest

d)

Dividend

5.

Payments from companies in which you own stock.

a)

Rent

b)

Salary

c)

Interest

d)

Dividend

6.

Profits you make from selling an asset.

a)

Rent

b)

Salary

c)

Capital Gains

d)

Dividend

7.

An individual’s total earnings before taxes and other deductions.

a)

Gross Income

b)

Net Income

c)

Deductions

d)

Hourly Pay

8.

An individual's income after taking taxes and deductions out.

a)

Gross Income

b)

Net Income

c)

Deductions

d)

Hourly Pay

9.

A pro to hourly pay is . . .

a)

Overtime & Holiday Pay

b)

Pay Losses

c)

Fixed Schedule

10.

A pro to salary pay is . . .

a)

Overtime & Holiday Pay

b)

Benefits

c)

Fixed Schedule