Luigi Owns and Operates a Small Restaurant

question 29

Multiple Choice

Luigi owns and operates a small restaurant.How is the income he receives from the restaurant classified?  

• A) as savings 
• B) as proprietor's income 
• C) as wages and salaries 
• D) as rental income

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Definitions:

Knowledge Management

The systematic process of creating, sharing, using, and managing the knowledge and information of an organization, to ensure its optimal use and proliferation.

Data

Facts and statistics collected together for reference or analysis.

Unprocessed Numbers

Raw numerical data that have not been subjected to analysis or manipulation.

Raw

Uncooked, in its natural state; used often in the context of foods not subjected to heat or processing.