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Mr. William is an engineer by profession. He is engaged as a researcher by KDU UC to develop a robotic symposium project together with the
- Mr. William is an engineer by profession. He is engaged as a researcher by KDU UC to develop a robotic symposium project together with the lecturers, after his full time work. This project require a total capital of RM500,000 and this money will be funded by both William and KDU UC. Any profit arise, it will be shared by them equally.
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Explain with reasons, whether William is exercising an employment income or business income.
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Management Accounting
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
7th Edition
978-1760421144, 1760421146
