Paycheck Deductions

Flashcard
•
Life Skills
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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43 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Gross and Net Pay are the same thing.
Back
False
2.
FLASHCARD QUESTION
Front
Two things that will always be withheld from your earnings are Federal Income Tax and Social Security.
Back
True
3.
FLASHCARD QUESTION
Front
If you don't understand something on your paycheck, it's okay to ask the payroll clerk about it.
Back
True
4.
FLASHCARD QUESTION
Front
Gross Pay is __________.
Back
the salary you earn
5.
FLASHCARD QUESTION
Front
Net Pay is __________.
Back
your earnings after deductions
6.
FLASHCARD QUESTION
Front
A deduction is an amount that is __________.
Back
subtracted from your gross pay
7.
FLASHCARD QUESTION
Front
Disability Insurance supports employees who can't work because they are ______________.
Back
injured or ill
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