Raghib teaches mathematics at Camford University and receives $40, 000 per year.His spouse, Noraini, works as a self-employed computer programmer and charges $40 per hour.Which of the following is true?
A)Raghib's income is personal interest; Noraini's is wages
B)Raghib's income is a salary; Noraini's is personal interest
C)Both Raghib and Noraini receive proprietor's income
D)Both Raghib and Noraini receive wage or salary income
E)Raghib's income is a salary, and Noraini's income is a proprietor's income

Question

Quizplus · Accepted Answer

Raghib's income is a fixed annual salary from his employment at the university, while Noraini, being self-employed, earns proprietor's income from her work as a computer programmer.

Raghib Teaches Mathematics at Camford University and Receives $40, 000