English

Which of the following is an example of unearned income?

Advertisements
Advertisements

Question

Which of the following is an example of unearned income?

Options

  • Hourly wage for work

  • Commission from sale

  • Lottery prize

  • Salary for homework

MCQ
Advertisements

Solution

Lottery prize

Explanation:

Unearned income is received without working for it, such as a lottery prize or gift money.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×