GENERAL KNOWLEDGE

GK

PUBLIC ADMINISTRATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which vocabulary term is income, especially when of a company or organization and of a substantial nature
A
Government
B
Public Administration
C
Foreign
D
Revenue
E
Regulation
Explanation: 

Detailed explanation-1: -income Add to list Share. What could be simpler than to remember that income basically refers to money that “comes in, ‘’ or is earned. Your income is the money you make in a given time period, for example weekly, monthly, or annually. Your income might come from many sources-salary, investments, interest or annuities.

Detailed explanation-2: -Revenue is money earned by a business, or income received by the government from taxes. The government is always interested in dreaming up new sources of revenue, and so is the average head of a company unless she doesn’t want to be the head anymore.

Detailed explanation-3: -More Definitions of Substantial income Substantial income means income derived from the business activities of a business group of one that is sufficient to pay for annual health insurance premiums for that business group of one.

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