A _ is a set amount of pay received by a worker over the course of a year.

A _ is a set amount of pay received by a worker over the course of a year.

• A. Salary
• B. Wages
• C. Income
• D. Commission

Answer: (A)

A set amount of pay received by a worker over the course of a year is called a salary. Salary refers to a fixed amount agreed upon for the year, paid regularly (like monthly or biweekly) and not tied to the number of hours worked. This makes it predictable and constant, unlike other forms of pay. Wages are typically hourly and can change with the number of hours worked, so they aren’t a guaranteed yearly sum. Income is a broader term for earnings from all sources, not just a fixed annual pay. Commission is earnings based on sales or performance, which can vary widely and isn’t a set annual amount. So salary best fits the description.

A set amount of pay received by a worker over the course of a year is called a salary. Salary refers to a fixed amount agreed upon for the year, paid regularly (like monthly or biweekly) and not tied to the number of hours worked. This makes it predictable and constant, unlike other forms of pay. Wages are typically hourly and can change with the number of hours worked, so they aren’t a guaranteed yearly sum. Income is a broader term for earnings from all sources, not just a fixed annual pay. Commission is earnings based on sales or performance, which can vary widely and isn’t a set annual amount. So salary best fits the description.