Question

All payments received from clients for services and home care products purchased is known as:

Select one:
a. expenses
b. compensation
c. income
d. taxes

Answer 1

The correct answer is income. All payments received from clients for services and home care products purchased is known as income. This includes money earned from providing services or selling products.

Step-by-step explanation:

The correct answer is c. income. All payments received from clients for services and home care products purchased is known as income. This includes money earned from providing services or selling products. Income is an important factor in determining personal financial well-being and is also subject to taxes.