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Income
Business studies
Question | Answer |
---|---|
What is income | Income is money that comes into a household or a business |
What is regular income and give an example | This is income that comes in every week or every month |
What is irregular income and give an example | This is income that comes in now and again Eg.lotto |
What is overtime | This is when somebody works extra time and gets paid extra |
What is a benefit in kind (perk) and an example | This is an income not in a form of money Eg company car |