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Income

Business Studies

QuestionAnswer
WHAT IS INCOME INCOME IS MONEY WE RECEIVE.
WHAT IS IRREGULAR INCOME. IRREGULAR INCOME IS MONEY WE RECEIVE NOW AND AGAIN. EXAMPLE BIRTHDAY MONEY OR OVERTIME.
WHAT DOES PRSI STAND FOR PAY RESTRICTED SOCIAL INSURANCE.
WHAT DOES PAYE MEAN PAY AS YOU EARN
WHAT IS OVERTIME OVERTIME IS WORKING LONGER THAN OUR USUAL SHIFT FOR EXTRA MONEY $$$$$$ OVERTIME IS WORKING OVER OUR USUAL SHIFT TO EARN EXTRA MONEY. $$$$$$$
WHAT IS REGULAR INCOME. REGULAR INCOME IS MONEY WE RECEIVE OFTEN
GIVE TWO EXAMPLES OF REGULAR INCOME THE DOLE WEEKLY/MONTHLY WAGES
EXPLAIN GRANT A PAYMENT MADE TO STUDENTS WHILE THEY ARE STUDYING IN COLLEGE. IT IS PAYED BY THE DEPARTMENT OF EDUCATION AND SKILLS
EXPLAIN MINIMUM WAGES MINIMUM WAGES IS MONEY MADE BY PEOPLE UNDER THE AGE OF EIGHTEEN EXAMPLE: 8.65 AN HOUR
EXPLAIN BENEFIT IN KIND BENEFIT IN KIND IS A NON CASH FORM OF INCOME.
GIVE TWO EXAMPLES OF BENEFIT IN KIND COMPANY CAR COMPANY COSTUME
EXPLAIN GROSS PAY GROSS PAY IS MONEY WE RECEIVE BEFORE THE DEDUCTIONS
EXPLAIN NET PAY NET PAY IS MONEY WE RECEIVE AFTER THE DEDUCTIONS
WHAT IS CHILD BENEFIT CHILD BENEFIT IS A PAYMENT MADE EVERY MONTH TO PARENTS OR GUARDIAN WHILE THEIR CHILDREN ARE STILL BEING EDUCATECD
NAME TWO FORMS OF IRREGULAR INCOME OVERTIME BIRTHDAY MONEY
Created by: SEANISAWESOME
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