Getting Paid

Front

Which of the following represents the actual amount of money you get to take home? Commission Pay, Net Pay, Hourly Pay, Gross Pay

Back

Net Pay

Front

How many hours are generally considered to be full time employment? Options: 20 Hours a week, 25 hours a week, 30 Hours a week, 40 hours a week

Back

40 hours a week

Front

What is time and a half?

Back

The regular or base pay rate plus another half

Front

What is a dependent?

Back

a person the government gives you a tax break for because you are supporting them financially

Front

Employees who are paid biweekly receive ______________ paychecks per year.

Back

26

Front

FICA is comprised of two different parts… what are they?

Back

Medicare and social security

Front

Determines the amount of federal withholding tax from an employee's paycheck

Back

W4 Form

Front

The amount of salary received after taxes and deductions

Back

Net Pay

Front

The total amount of earnings before any deductions are taken out

Back

Gross Pay

Front

__________ is time worked beyond the regular 40 hours a week.

Back

Overtime