Understanding Types of Income

Understanding Types of Income

11th Grade

15 Qs

quiz-placeholder

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Understanding Types of Income

Understanding Types of Income

Assessment

Quiz

Business

11th Grade

Hard

Created by

Christian Obe

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a type of capital income?

Cash sales

Loan

Rent received

Commission received

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income is generated from credit sales?

Capital income

Revenue income

Owner’s capital

Debentures

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of capital income?

Mortgages

Shares

Interest received

Owner’s capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of income includes rent received?

Capital income

Revenue income

Loan

Debentures

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a type of capital income?

Discount received

Commission received

Debentures

Cash sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income is generated from cash sales?

Capital income

Revenue income

Mortgages

Shares

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a type of revenue income?

Loan

Mortgages

Discount received

Owner’s capital

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