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Earned Income Flashcards | StudBud
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Earned Income
Earned Income
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StudBud Administration
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Do you think you know what earned income is? Test your knowledge by taking this Quiz.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Which of the below options best defines Earned income?
More time you put in more savings you build
More time you put in more time you earn
More time you put in more income you earn
More time you put in more value you create
2
All doctors across the USA make the same income.
True
False
3
Things that determine your earned income are...
Education Level
Experience
Job Type
Location
4
Who earns most?
General Physician
Paramedic
Nurse
Gynecologist
5
Earned income is taxable.
True
False
6
Earned income is when you trade time and effort in exchange for money
True
False
7
If you don't work, your Earned income becomes zero.
False
True
8
What is Earned income?
Income from an investment
Income from working for someone or yourself
Income from stocks
Income from your YouTube channel
9
Types of Earned income are...
Commissions
Bonuses
Wages and salary
Real estate
10
What are good strategies to increase Earned income?
Position yourself for a raise
Earn a degree or certificate
Quit a job
Become a specialist in your job role
