Discuss the differences between a wage, a salary and a commission.

A wage is paid periodically upon finished work or upon a finished number of work hours. A salary is paid usually monthly regardless of how much you worked, it's like a fixed income. A commission is a type of work where you get all the money at once, once you're done with the work. This is how artists earn from paintings or composing songs or things like that.

Explanation:

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answer; (a) calling people who have not shown interest in the product and asking them to buy it;

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.