43
QuizMultiple Choice

N/A — Exam

Question 43 • Personal Finance

Mohamed has flexible work hours. His weekly income may vary, as he is paid per completed project. His employer does not provide benefits for him. Which best describes Mohamed’s employment status?

Answer
A
Mohamed is an entrepreneur who owns the company.
B
Mohamed is an hourly employee of the company.
C
Mohamed is a freelance contractor with the company.
D
Mohamed is a salaried exempt employee of the company.

Explanation

Mohamed’s income depends on completed projects, and he has flexible hours rather than a set salary or hourly schedule. Since the employer also does not provide benefits, the best fit is a freelance contractor with the company.

AI-written and checked against the verified answer.

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