17
QuizMultiple Choice

Income and Expenses — Test

Question 17 • Financial Math

A restaurant worker earns a set amount per hour from their employer. They also receive tips from customers. Their earnings most closely resemble those of which of these?

Answer
A
an employee working on commission plus salary
B
an employee working on a piece-rate basis
C
an employee working on a fixed salary
D
an employee working on straight commission

Explanation

The worker earns a guaranteed hourly amount from the employer and additional income from tips, so their pay combines a fixed base with variable earnings. That most closely resembles an employee working on commission plus salary, which combines a set amount with additional performance-based pay. Piece-rate and straight commission pay depend directly on the amount produced or sold, while fixed salary does not include variable pay.

AI-written and checked against the verified answer.

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