Brandon Phillips has recently signed a contract to accept an account executive position after graduation with Impact Marketing and will receive a signing bonus of $2,000, $3,000 in relocation expenses, $48,000 in base salary, and a 15% commission on sales. The amount of money Brandon is contracted to receive from Impact Networking is referred to as:

Brandon Phillips has recently signed a contract to accept an account executive position after graduation with Impact Marketing and will receive a signing bonus of $2,000, $3,000 in relocation expenses, $48,000 in base salary, and a 15% commission on sales. The amount of money Brandon is contracted to receive from Impact Networking is referred to as:

Brandon Phillips has recently signed a contract to accept an account executive position after graduation with Impact Marketing and will receive a signing bonus of $2,000, $3,000 in relocation expenses, $48,000 in base salary, and a 15% commission on sales. The amount of money Brandon is contracted to receive from Impact Networking is referred to as:


a. income.

b. buying power.

c. wealth.

d. discretionary income.


Answer: a. income.


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