Prepare for the Certified Occupancy Specialist (COS) Exam with a comprehensive set of flashcards and multiple-choice questions. Each question includes hints and clear explanations to help you master the material. Ensure your success on the COS test!

Multiple Choice

Which of the following is not earned income?

Earned income is money you receive as a direct result of performing work. Salary, wages, and bonuses come from work you do, so they’re earned. Social Security benefits not tied to employment come from past contributions and are paid regardless of whether you’re currently working, so they are unearned income. That’s why the Social Security benefits option is not earned income.

Earned income is money you receive as a direct result of performing work. Salary, wages, and bonuses come from work you do, so they’re earned. Social Security benefits not tied to employment come from past contributions and are paid regardless of whether you’re currently working, so they are unearned income. That’s why the Social Security benefits option is not earned income.